Samsung, a key player in the Korean electronics industry, has now extended its “Make in India” campaign by producing laptops domestically in India, following the launch of smartphones.
Samsung’s Noida Facility: Expanding From Smartphones to Laptops
According to a Times Now article, the laptops are put together at Samsung’s Greater Noida factory, where the company also produces wearable technology, smartphones, tablets, and feature phones.
The article further reveals that Samsung’s first shipment of locally produced laptops has already reached the Indian market, and more production expansion is planned. Samsung is increasing its production capacity with the support of the “Make in India” campaign.
Meeting With IT Minister Signals Bigger Plans for India
The Korean electronics giant aims to begin producing additional products in India, as reported by PTI. This comes shortly after IT Minister Ashwini Vaishnaw met with Samsung Southwest Asia President and Chief Executive JB Park and Samsung Southwest Asia Corporate Vice President SP Chun.
The PTI report also noted that the meeting indicated the company’s increased commitment to fortifying its relationship with India and supporting the government’s drive for domestic production.
India’s Growing Laptop Market and Samsung’s Opportunity
Brands like Dell, HP, ASUS, and Lenovo dominate the laptop market, whereas Samsung has not yet reached a wider audience of consumers. In September 2023, Samsung’s entry into the Indian laptop market began to generate excitement. According to reports, the company’s Noida facility would include a dedicated laptop unit that could produce between 60,000 and 70,000 units a year.
Government’s Push: Import Restrictions and PLI Incentives
With the goal of exporting entirely domestic cellphones and electrical gadgets, from semiconductors to completed goods, the “Make In India” campaign seeks to reduce India’s dependency on imports. Alongside this campaign, the government planned to impose import limits on laptops, tablets, and personal computers beginning in January of this year in an effort to pressure multinational giants like Apple, Dell, and Lenovo to increase their domestic manufacturing in the $8–10 billion sector.
Lenovo India MD Shailendra Katyal had stated that the company plans to treble local output to 12 million laptops and smartphones in FY25 from 6.4 million units in FY24, riding on the Centre’s “Make in India” push. In FY25, the business plans to treble local production from 6.4 million laptops and cellphones to 12 million units.
India’s Laptop Assembly Changes Gears Government initiatives, especially the production-linked incentive (PLI) programme, are encouraging several businesses to invest in new or expanded laptop manufacturing facilities in India.
For example, Dixon Technologies, based in Noida, signed an agreement with the Tamil Nadu government in April to invest INR 1,000 Cr in the construction of a laptop and personal computer manufacturing facility close to Chennai.
Tata Electronics was reportedly in discussions with companies like Microsoft, Dell, and HP, among others, to expand its capabilities and position itself as a fully integrated electronics producer, according to reports from last December.
Supported by EY’s forecast that the domestic electronics manufacturing services sector might grow into an $80 billion market by 2027, the consumer electronics sector in India has been gaining traction in the startup ecosystem.
Quick
Shots
•Samsung begins domestic laptop
production under the ‘Make in India’ initiative.
•Assembly at Greater Noida facility,
which already makes smartphones, tablets, wearables & feature phones.
•IT Minister Ashwini Vaishnaw met
Samsung executives JB Park & SP Chun, signaling stronger India
commitment.
•Production-linked incentive scheme
driving investments in electronics assembly.
With the rapid advancement in the electronics sector and technological upgrades, one can witness that electronics businesses in India are easy to get a head start in. This rapid growth globally can be seen in the increase in power generation capacity as well as the expansion of transmission and distribution lines. The Indian electronics industry is booming for many reasons, but the biggest one is cost-effectiveness.
The industry comprises large, small, and medium enterprises as well as foreign players who have a direct presence or collaborate with domestic players. An electronics business provides you with a variety of mechanical parts, including cell phones, televisions, cameras, laptops, and peripherals. The United States, Japan, and Korea are the top three electrical and electronic goods manufacturing countries in the world. The United States of America is the largest producer of electronic products in the world, contributing a total share of around 21%. Furthermore, it also occupies the largest market share, with about 29% of the global market.
In this blog, we will explore some of the most promising electronics business ideas that are currently thriving in India. Many electronics business examples offer great opportunities for entrepreneurs. Popular electronics business examples include starting a laptop store, mobile repair shop, online electronics store, or even an e-commerce platform for gadgets. From opening a laptop store to solar panel installation, we will delve into the intricacies of each idea, highlighting its market potential, key challenges, and strategies for success.
So, if you are ready to embark on an exciting journey through the vibrant world of the electronics business in India, fasten your seatbelts and get ready for an illuminating experience.
Why Choose the Electrical & Electronics Industry?
Picking the right industry is very important when starting a business. The electrical and electronics industry is a great choice because it is growing fast and always changing with new technology. If you want a business with strong chances to grow, this industry is a good option.
Main reasons to enter this field:
High Demand: More and more people use electronic devices every day, so this business will remain important in the future.
Many Opportunities: You can work in different areas, like selling gadgets or working with machines in factories.
Global Growth: You can grow your business anywhere in the world, without limits.
Low Startup Costs: Starting an electronics business often requires less money than many other types of businesses.
This makes the electrical and electronics industry a smart choice for new entrepreneurs.
Digital literacy programs grew 30% in India (2023)
Increasing digital literacy and upskilling needs
Laptop Store
Laptops are the most important electronic devices since the trend of online classes and remote work has started. They are always going to be in demand in the professional as well as in academic field. Also, since the pandemic started, all of the work has been done on laptops. So, opening a Laptop store can be the most profitable business. The most important and latest development that favors high demand for laptops is the growing number of people working from home. It becomes important to create a stock and list of brands that sell better in your locality before you even start your business.
Here are some key factors that make starting a laptop store business an attractive proposition in the Indian market:
Profitable Electronic Businesses in India – Electronics Recycling and E-waste Management
As India witnesses a rapid growth in technology adoption and electronic consumption, the need for effective electronics recycling and e-waste management has become paramount. This presents a significant business opportunity for entrepreneurs who are passionate about environmental sustainability and want to make a positive impact. Starting a business that focuses on collecting, recycling, and disposing of electronic waste responsibly can contribute to a greener future while generating revenue through recycling valuable materials.
Here are compelling reasons why venturing into the electronics recycling and e-waste management sector can be one of the best electronics business ideas in India:
Growing E-waste Generation
Regulatory Support
Resource Recovery
Corporate Social Responsibility (CSR)
Extended Producer Responsibility (EPR)
Computer Repair
Profitable Electronic Businesses in India – Computer Repair
The majority of electronic devices, such as computers, can not always resist faults such as sudden shutdowns, and several other hardware-software faults. And, now that everyone owns a computer and a laptop can be your potential customers for computer repair services. People with less knowledge about how to repair their devices on their own rush to the repair shops. This can provide you with an opportunity to use your computer repair skills and earn income. Starting a computer repair service can be one of the best electronics business ideas in India.
Here are several compelling reasons why it holds immense potential:
Cellphone Retail And Repair – Best Electronic Business
When everyone on this globe uses a cellphone, then everyone needs someone who can sell as well as repair their devices when at minimal faults. It is hard to live even a single second without a phone. Since smartphones don’t come with a lifetime warranty, and hence, everyone needs a repair. Whether it is hardware or software repair, usually one can’t do it on their own. It is one of the best electronic shop business ideas to have a cellphone repair and retail shop.
Starting a cellphone retail and repair business can be a highly lucrative electronics business idea in India. Here are several compelling reasons why it holds immense potential:
Booming Smartphone Market
Diverse Customer Base
Increasing Technological Advancements
Accessories and Add-ons
Customer Service and After-Sales Support
Air Compressor Manufacturing
The manufacturing industry in India is witnessing significant growth, and one of the promising sectors within it is air compressor manufacturing. Air compressors are essential industrial machines used for various applications such as pneumatic tools, HVAC systems, manufacturing processes, and more. Setting up an air compressor manufacturing business in India can be a lucrative venture with immense potential.
Here are several key factors that make air compressor manufacturing one of the best electronics startup ideas in India:
Growing Industrial Sector
Increasing Automation
Energy Efficiency and Environmental Concerns
Export Opportunities
Government Initiatives
CCTV Camera Retailer
In recent years, the demand for security systems has seen a significant surge in India. As people become increasingly concerned about safety and security, setting up a CCTV camera retail business can be a highly profitable venture. CCTV cameras are crucial for surveillance and monitoring purposes in residential, commercial, and public spaces. It can be one of the most profitable electronic shop ideas.
Here are several compelling reasons why starting a CCTV camera retail business is one of the best electronics business ideas in India:
Rising Demand for Security
Home Security Market
Commercial and Industrial Applications
Installation and Integration Services
Government Initiatives and Regulations
Solar Panel Installation
Solar panels installation
Solar panel installation is a business with a golden future. When each and every technology is working on how they can conserve energy, then solar panels are one of the best ways you can do it. Big societies or big homes and flats with automation technology consume more electrical power, so everyone on this globe constantly strives for a better alternative that leaves no impact on the environment. So, before starting the business, you just have to learn how to offer solar panel installation in your society.
Starting a business in solar panel installation can be a highly profitable venture. Here are several compelling reasons why it is considered one of the best electronics business ideas in India:
In today’s digital era, where internet connectivity and smartphone usage are on the rise, online shopping has become deeply ingrained in the Indian consumer’s lifestyle. Capitalizing on this trend, launching a specialized e-commerce platform focused on electronics products can prove to be a highly profitable business venture. By curating a diverse range of electronic goods, providing competitive pricing, secure payment options, and ensuring reliable delivery services, you can effectively tap into the expanding online consumer market. This presents an exciting opportunity to establish a strong online presence, meet the demands of tech-savvy customers, and carve a niche for yourself in the ever-evolving world of e-commerce.
Here are several compelling reasons why starting an e-commerce platform for electronics products is considered one of the best business ideas in electronics in India:
As technology continues to advance, the concept of smart homes is gaining significant traction in India. Home automation solutions offer convenience, energy efficiency, and enhanced security to homeowners, making it one of the best electronics business ideas in the country. By providing innovative and customizable automation systems, you can tap into the growing demand for smart living experiences.
Here are some key reasons why venturing into the home automation industry can be a highly lucrative business opportunity in India:
Increasing Demand
Rising Disposable Income
Energy Efficiency and Savings
Integration with IoT and AI
Integration with Builders and Real Estate Developers
LED Lighting Solutions
The shift towards energy-efficient lighting has created a massive demand for LED lighting solutions in India. As a result, venturing into the LED lighting industry can be one of the best business in electronics industry in the country. Launching a business that provides a wide range of LED lighting products for residential, commercial, and industrial applications can tap into this growing market and promote energy conservation.
Here are several compelling reasons why starting an LED lighting solutions business in India holds immense potential:
Starting a battery manufacturing business can be a game-changer; it can offer a growth in revenue potential. In the beginning, you can start as a small-scale electronics manufacturing business.
As per a few reports, the Indian battery market is projected to reach a staggering INR 1697.7 billion by 2030, growing at an impressive compound annual growth rate (CAGR) of 15.5% from 2023 to 2030. The growth rate indicates a great opportunity. Battery manufacturing is one of the most promising electrical business ideas for the next decade.
A degree in electrical engineering can give you an edge in this field, which involves many technical aspects. However, if you don’t have a related degree, don’t worry! Let’s explore a few more electronic businesses.
Manufacturing Of Inverter
The inverter is a crucial electronic device that converts direct current (DC) into alternating current (AC). Inverters’ use across various machines and tools like coil winding machines, panel meters, and electric drills makes it a popular product in the market.
The world now turns to energy-efficient solutions and reliable backup power systems, and the demand for inverters continues to rise. From powering industrial machinery to running household appliances and supporting renewable energy setups, inverters play a key role in keeping AC-powered devices running smoothly.
If you’re planning to start an inverter manufacturing business, it’s crucial to be familiar with the production process and all the technical aspects. Only Knowledge would help to create products that meet industry standards and customer requirements.
Starting an online electronics store is a great idea for a startup. Customers can easily browse and buy electronic products anytime and from anywhere. It also has lower costs, like rent and electricity, compared to physical stores. Plus, you can reach more customers without location limits, as long as they have a smartphone to place orders. This can be considered a profitable electronics business from home.
Electronic Component Retailer
An electronics component retailer is a business that stores and sells electronic parts. It’s a good business idea because it has low costs, a wide customer reach, and high-profit potential. Instead of creating a big online store like Amazon or TataCliq, you can focus on a specialized electronics shop and still make great profits. Being an electronic component retailer electronic shop business idea.
Computer and Device Training Service
This business idea offers computer training services to help customers and employees learn about PCs, laptops, software, and networking. With technology becoming essential, more people will need training to use devices effectively, making this a smart business opportunity.
And getting a head-on with an electronics business idea is such a golden plan for all of the electronics engineers out there. The fact that the electronics industry is one of the flourishing and extremely diversified sectors, that an individual with experience and knowledge can start a business in this field. And believe me, there is no such thing as failure in this field, since Electronics is in a Boom!
FAQs
Is the electronics market growing?
Yes, the electronics market is experiencing growth with a compound annual growth rate (CAGR) of 6.5% globally.
Is electronic business profitable?
Yes, electronic businesses are profitable due to high demand, low operating costs, and wide customer reach online.
What are the best Electronic items business in India?
Some of the best electronics business ideas in India are:
Laptop Store
Computer Repair
Cellphone Retailer And Repair
LCD and LED Shops
CCTV Camera Retailer
Solar Panel Installation
E-commerce Platform for Electronics Products
Home Automation Solutions
Electronics Recycling and E-waste Management
LED Lighting Solutions
Air Compressor Manufacturing
What strategies can boost electronics sales?
Find a niche and specialize within the industry.
Drive traffic to your e-commerce site through organic and sponsored methods.
Focus on providing a positive customer experience that converts visits into sales.
Build customer loyalty and repeat business.
Which electronics company is best?
Some of the top rated electronics companies are:
Apple
IBM
Sony
Samsung
LG
Why choose electrical and electronics as a business idea?
Electrical and electronics offer a never-ending demand and rapid technological advancements, making it a lucrative and growing industry.
What are the electronic items to sell at the Electronics store?
Popular electronic devices to sell at electronic shops are:
Computers
Laptops
Smartphones
Tablets
Gaming consoles
TVs
Hearables
Wearables
Digital cameras
VR & AR devices
How to start electronics business?
To start an electronics business, follow these steps:
Research the market and identify your niche.
Create a comprehensive business plan.
Register your business and obtain necessary licenses.
Source reliable suppliers and establish partnerships.
Set up an online or physical storefront.
Develop a marketing strategy to reach your target audience.
Provide excellent customer service and build customer relationships.
Stay updated with industry trends and adapt to changing market demands.
What are the best electronics manufacturing business ideas?
Some of the best electronics manufacturing business ideas are as follows:
Air compressor manufacturing
Battery manufacturing
Inverter manufacturing
What are small scale electronics manufacturing ideas?
Small scale electronics manufacturing ideas can be both affordable and profitable. You can start with assembling LED lights, making USB charging cables, or producing simple Bluetooth speakers. Other ideas include manufacturing power banks, electronic toys, custom PCB boards, or smart switches for home automation. These products require low initial investment, can be made in compact spaces, and have steady market demand.
How much is electronic shop investment in India?
Electronic shop investment in India typically ranges from INR 5 lakhs to INR 20 lakhs, depending on the size, location, and product range. A small shop selling mobile accessories and basic gadgets may need around INR 5–7 lakhs, while a medium store with laptops, TVs, and appliances can require INR 10–15 lakhs.
For any business involving semiconductors, you must have heard or seen about the chip shortage lately. Well, creating a chip is an extremely long, entangled and expensive process, which definitely puts it in the spot of shortage.
Chips (Semiconductor or microchip) have made many things possible today. These are the major elements for any gadgets or you can simply refer to them as the life of the gadgets. And for this semiconductor industry, Taiwan dominates over everyone in this entire world. It is even responsible for more than half of the global market share of generating these chips.
But lately, in the pandemic of Covid-19, a major shortage of these silicon chips have been noted. According to a report by IEEE Spectrum, the automakers abolished the production of vehicles at the very beginning of the pandemic and ordered huge amounts of chips.
Looking at these statistics, the chipmakers thought that other industries will also follow this and this resulted in decreased chip production. But what actually happened was entirely the opposite of what the chipmakers thought! Demands for chips rose because of the digital remote of the classrooms and offices.
Because of this, some of the biggest companies across the world got affected pretty badly. And that’s what we are discussing in this article. We have described how some of the top companies got affected by the shortage of chips. Let’s get started!
This might come as a little shocking to you that a company as big as Apple gets affected by the chips shortage! But this is true.
As of April 2020, Apple published its second-quarter revenue report which clearly outdated the estimation made by the analysts. Within the same period, the CFO Luca Maestri, through a conference call, warned the company that because of the supply limitations, the revenue can be decreased by $3-4 billion, that is, its third-quarter revenue. He mentioned that because of the shortage in the chip’s supply, the sales of iPads and Macs can be majorly affected.
These gadgets carry a very high demand among the customers, especially in the pandemic when everything went digital. The CEO of the company, Tim Cook said that the chip shortage only affected the “hereditary nodes” of the previous chips, although the company didn’t really reveal the specification of the chip.
Apple entirely relies on Taiwan Semiconductor Manufacturing, for the production of chips needed for the creation of Apple’s products.
The company, Nintendo, has already established itself with some very serious complications. This was mainly because the investors questioned how Nintendo’s aging Switch gaming console could survive or beat the PS5 and Microsoft’s Xbox series consoles. But the company proved everyone wrong when it came out with a tremendous fourth-quarter revenue report, beating the estimation made by the analysts.
Nintendo got majorly affected because of the chip shortage and brought hard competition to the robust sales of the company throughout the pandemic. Because of this, the company is expected to decrease the operating profit up to 9% and 22%. Alongside, the annual Switch console shipment will also decrease by around 11%.
Nintendo uses the fast NVIDIA chip along with the Samsung OLED display for the development of its upgraded Nintendo Switch OLED. But because of the chip shortage, it became difficult to launch these.
Sony
Sony PS5
The very famous Sony came out with the latest PS5 consoles at the end of 2020. Chips were expected to play a very vital role in this as they would enhance the gaming and networking services segment. This alone holds the revenue of 30% along with 35% of the operating profit in the fiscal year 2020.
The gaming and network services rose up to 35% in revenue in the year 2020 which increased the sales of PS4 software alongside the launch of PS5’s launch. In fact, the PS5 also witnessed huge profit at the beginning of its sales. Sony sold around 7.8 million PS5 units by the end of March 2020 and the estimated data showed that the sales would increase more vibrantly throughout the year.
But because of the global chips shortage, the PS5 console could not reach the growth trajectory which was expected to rise with great heights. The chip shortage caused delays in the third-party game publishers that resulted in the postponing of the PS5 console among the larger audience.
The global chips shortage resulted in some major losses for companies. Although both Sony and TSMC are working on speeding the production of chips all over the world. Still, many doubt that won’t be possible on a larger scale. Many theories and speculations have been made on this venture but still, no proper answer has been finalized for a better cause.
The chips/microchips/semiconductors are the basic element for any electronic gadgets and companies like Apple or Sony that produce these on a massive scale face major issues and losses during such crises. In this article, we highlighted the three major companies that faced a major crisis because of the shortage of chips.
FAQ
Why is there a silicon chip shortage?
The reason behind global chip shortage is supply chain disruptions due to the pandemic and a sharp rise in demand for electronic goods.
How long will the chip shortage last?
According to some analysts the shortage will likely last until 2023.
Which is the largest chip manufacturer?
Taiwan Semiconductor Manufacturing Co. or TSMC, is the world’s largest contract manufacturer of the semiconductor chips.
The electronics business is becoming one of the most demanded business ideas in today’s digital world. As the electronic store is increased years by year everything becomes digital. Also, various brands create a need for start an electronic store business to access all the brands from one roof. The big electronic company can’t open a store in every location. Here comes the electronic store. Even if there is one store per city then also it is difficult for the people. You being a second or third-tier will act as a distributor for these electronic items.
The amounts of profit depend on many factors:
Business size
Demand
Products sold
Mediators in selling
The cost price of the product.
So starting an electronic store in this digital world will create rapid growth in the market. Also, many electronic stores in the market’s why there will be a lot of competition you have to stand out from it. Here we will discuss in brief how you start an electronic store business.
Here are some of the steps to keep in mind while starting an electronic store business.
Step 1. Research your Area
Consumer Electronics market trends
You need to do some research before starting the business. Do some competitive analysis. Create a plan to differentiate your offering. Try to make networking related to your business. Before you waste time on the advertising of your electronic store try to analyze the market. If your locality is already full of such a store you have to think about the side of town. And keep in mind one of the most important things is that you have to learn that the other electronic shop’s persons how they behave with the customers because only the customers will increase or decrease the profit of your business.
Step 2. Partnership With Corporates
Teaming up with other businesses can result in a huge success for your business also with the business with whom you are a partner. When you have done right everything it brings many things like additional exposure and revenue for both the business and most importantly becomes happy with more customers and sales. You should also think about the nature of your agreement. How will the partnership work and what’s your ideal outcome? It is a good idea to test the partnership first before getting finally commitment.
When you and your business partner have different strengths, you will double the profit of your startup team. Succeeding as business partners doesn’t require having run a business together or even having worked together before. You can organize a partnership as a general partnership, limited partnership, or limited liability partnership. For your partnership to work both of you must feel comfortable openly sharing your opinions and make a detailed plan of how you increase your profits.
Regardless of the kind of business you are starting, a business plan is used as an organization tool a guide on how to move forward. A business plan is the overall summary of your business. Briefly describe what you sell and who you sell it to. If you don’t have products then plan how you plan your product and how you will connect with suppliers. Also, you must include a company overview of the business plan. Your next step is to perform an in-depth market analysis of the rest electronic store. You have to focus on many things some important aspects are listed below:
Executive Summary
Products
Management
Objectives
Mission
Key to success
Company summary
Company ownership
Start-up summary
Market analysis summary
Market segmentation
Commercial sales
Target market segment strategy
Industry analysis
Competition
Buying patterns
Step 4. Registration of the Business
A vital component of any type of store is obtaining the requisite permits and licenses. Both the state and the government have specific regulations that you must satisfy before opening the store. As a retailer, you may also need special permits for selling particular products.
Some tips:
Contact your state revenue agency to get the required registration materials and instructions. You must register your store name. Each business acquires a state tax ID number for many processes.
Purchase the required licenses from your local government licensing department.
Contact your product supplier directly to register as a preferential retailer.
Step 5. Location of the Electronics Store
electronic items for electronic store
The best location for opening a store is the visibility, affordability, and lease terms you can live with. There are three phases of changing the location for opening your store is a selection of a city, choice of an area of location within a city, and identification of a specific site. Besides, you should look at neighborhood traffic generators, such as other retailers that draw people to the area, industrial or office parks, schools, colleges, and hospital complexes.
In choosing a city, investigate these main factors:
Size of the city’s trading area
Population and population trends
Total purchasing power and who has it
Total retail trade potential for different lines of trade
If your customer some defects in electronic items they will move to another store. As there will be large purchases it is important to protect your investment by understanding the best electronic storage methods for the long term without any damaging them. Understanding electronics storage solutions best practices like planning and keeping all the components together will help protect your items in storage. Understanding electronics storage involves also having the proper electronics storage solutions, like moving and packing supplies, readily available.
Some tips how to store electronics:
Keep electronics towards the back for extra protection
Check electronics for insertable materials
No original box then wrap electronics in anti-static foam
Create a list of all items inside of electronic box
Store all electronics in a climate controlled storage unit
Step 7. Advertising Electronics Store
The competition between electronic stores is very high everywhere due to the fact there are a lot of businesses of this kind and another reason is the products that they sell are in high demand. Opening a store does not ensure that customers will always come to your shop. You have to advertise your store.
Put the top tier products on display
You have seen that many electronics store are displaying their products. The reason is it will attract customer’s attention and make them come in. This is the best way to promote some of your best products being to put them on display where everyone can see them.
Hold contests and win free electronics
People love the most is getting products for free. You have to conduct contests where customers can have some fun and won great prizes as well as to make them come to your store more often and to spread the word about your store.
Offer promotions and bring more customers
As soon as people heard about the promotion word they will move to your store and purchase products and the most interesting part about this when one person hears this the told to another person and immediately throughout the entire area where your store is located. To make it more exciting you may also include offer packs.
Promote your business on TV
It is the most trending and rapid way to advertise anything on local TV channels. It might cost a little bit but the profits you gain is very much.
Finding and recruiting top talent is always a priority for all retailers. They’re important positions for any retail business. By this, you can sell more products. The qualities you must see when hiring employees for your store:
Willing and eager to learn
Patient
Comfortable with people
Competitive
Team-oriented
Emphatic
The employees you hired from them based on talents and qualities you can give the below positions to running your store smoothly and customers not face any problems.
Floor manager
Sales representatives
Stock manager
Cashier
Supervisors
Promotional heads
Step 9. Insurance
A business insurance is like a safety belt which offers financial protection to the business from various risks. Electronics store insurances are one that holds in a number of types. Some of the insurances offered for an electronics store are:
Yes, electronics business is quite profitable. There is speedy advancement in the technologies and the electronics sector is upgrading. So, electronics items has a huge demand. It makes starting an electronics business quite profitable idea.
Which are electronic items to sell in an electronic store?