Since technology makes us more productive, it has become an essential component of our existence. Nowadays, people are addicted to and even view new technology, like smartwatches, as a necessity. The most popular smart device on the market, which has advanced significantly over the past few years, is the Bluetooth smartwatch, also commonly referred to as Bluetooth call watch.

The numerous advantages of selling a smartwatch are increasing with each passing day as the preferences of individuals transition from wearing regular watches to moving onto smartwatches. A significant factor in this transition is that these watches help individuals carry out their daily responsibilities, especially when managing a variety of jobs or juggling several projects.

If you’re willing to learn more about Bluetooth smartwatch strategies for the entrepreneurially challenged, continue to read this article ahead as we discover why selling them is a great idea.

Why You Should Choose the Bluetooth Smartwatch to Invest in

If you’re starting a business, it can often prove to be challenging to get through the first few initial months. Hence, you must enter the market with a strong product offering that helps distinguish you from competitors.

Let’s learn why selling a Bluetooth smartwatch with advanced features is wise.

1. Growing Market

The global smartwatch market is forecasted to grow by 30-35% by 2025, making it one of the best growing markets in the world. Availability of internet for free/cheap in most parts of the world and changing work requirements seem to be one of the biggest drivers of this growing market.

Half a billion people worldwide are entrepreneurs, and the business dynamics have changed so much in 2022. With the technological advancements in smartwatches, people have now started using them actively along with their smartphones, offering ease of access between both.  

2. High Profits

Most smartwatches around the globe are sold for over $200, which gives you more control over your profit margin. People looking for smartwatches are spending on the product’s features, ready to pay top dollar to get their hands on the best in the market. The average profit margin for a smartwatch is over 70%, more than most iPhone and Galaxy cell phones.

3. Highly Customized

Wearable technology is something that has become a prevalent thing now. People want to get the work done efficiently, track their fitness, attend meetings, and look good. You can earn additional revenue by adding customizable features to it, for example, different colored bands, skins, and cases. This allows your customers to pick something that suits their personality and style.

Selection Strategy for Choosing Bluetooth Smartwatch

Choosing the right Bluetooth smartwatch is an essential part of doing business. To ensure that you have the highest sales and make the most profit for your newly launched smartwatch collection, remember to consider a few factors before deciding which smartwatch to proceed with.

1. High-Quality

A decent budget Bluetooth smartwatch ought to have sturdy construction. The smartwatch shouldn’t feel inferior when the user has it in their hands. They will not like buttons that are floppy or mushy, loose straps, and displays with large bezels that are of poor quality.

Even if the screen is small, search for a smartwatch with low bezels for superior looks. This will guarantee that your smartwatch looks great.

2. Cost-Effective

Most smartwatches sell at a retail price of $200 to $500, depending on their features. This presents a seller with a realistic profit margin of 60-80%, meaning that if a device is sold for $200, it might cost the business $40-$80 to acquire it.

Hence, if you’re a business that has just started, you wouldn’t have to invest a million dollars in inventory.

3. Fashion Style

When selling a smartwatch, you primarily have two dial options: a conventional round dial and a square or rectangular one. There isn’t a superior alternative in this case; the choice is totally up to the end buyer, who may pick a selection based on their fashion or style taste.

As a selection strategy, your goal should always be to opt for fashionable smartwatches that would prove timeless when it comes to trends and styles.

4. OEM/ODM Service Available

Select a Bluetooth smartwatch manufacturer who offers OEM/ODM service. Regardless of the type of smartwatch you wish to sell, with a smart watch OEM service provider, you can always convey your requirements and launch a completely unique collection in the market, exclusively available through your business.

 

Select MTS014B from Maxtop to Start Your Business

To start your business with a smartwatch that will boost your sales in no time and help you avail more than you bargained for, the Maxtop MTS014B device is your best bet.

  • Outstanding Specifications

This Bluetooth smartwatch features an 8762DK+BK3266 processor, which is perfectly optimized and provides you with modern and controlling power, making the smartwatch quicker. It offers 1P67 protection, making it waterproof, and it has been tested to function for at least 30 minutes while submerged in water between 15 cm and 1 m, and it is completely protected from solid items like dust and sand. It comes packed with a battery capacity of 310mAh Lithium-ion Polymer, offering a significant advantage over other smartwatch options present on the market.

  • Excellent Functions

The smartwatch provides reminders when you receive an SMS and offers the feature to answer or reject phone calls.

The smartwatch also has multiple watch faces, which is excellent for people looking for a new look every day, and remote camera control, which would come in handy for people who look for inspiration, enjoy photography, and travel.

In addition, individuals today love to track their activity, which this smartwatch does a wonderful job at. It offers a sleeping monitor, provides reminders for how long you’ve been seated, and also reminds you to drink water throughout the day.

Key Takeaway!

Choosing the right smartwatch can be challenging, but with Maxtop, renowned smart watch manufacturers you can see your smartwatch business flourish in no time. Maxtop is your go-to smartwatch manufacturer in China. We have specialized in smartwatches, smart bracelets, and kids’ watches for the past 10 years.

More importantly, we have mature ODM/OEM services and proficient R&D capabilities, which can help you establish a strong business presence.