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Exploring arguably essential home gadgets

9 Replies MattRawlings

We all love our gadgets, some people more than others of course – we’ve all got parents or grandparents who haven’t got a clue how to turn a computer on, let alone check their emails or catch up with their family on Facebook. But for the gadget lovers among us there’s nothing better than getting home with a new bit of kit, setting it up and turning it on for the first time. It’s like a birthday and Christmas all rolled into one!

Christmas and birthday in one

Christmas and birthday rolled into one!

But while we all have such affection towards the latest offerings, what would we actually call “essential’? After all, the very latest devices and gadgets don’t come cheap and disposable income isn’t exactly at its peak at the moment. We’re finding that we have to budget more, and even wait until the price drops after a few months before we can get our hands on some devices, an agonizing wait for many I’m sure. So if we had to prioritize our gadgets, what would they be?

Laptop

Of course, you have to have a laptop. Tablets and smartphones are great but sometimes you just need a computer to get certain jobs done as well as they possibly can be with a bigger screen and better all round packages. You’ve got numerous top quality manufacturers to choose between, all offering different packages, with Apple, Dell, HP and co all vying for the title of top laptop manufacturer.

Printer

Obviously, if you’re working on your laptop at home for an important project for work, school, college or University, it’s vital that you have a way to get it off the computer and into a tangible document. For that reason you need a printer capable of producing your work in high quality, something Dell printers for one are synonymous for, while other features can include scanners, photocopiers and fax machine capabilities.

Smartphone

Then when you leave the house it’s vital that you can stay connected to the rest of the world. Smartphones such as the iPhone, BlackBerry and Samsung Galaxy give you the ability to check your emails on the move, update you location to Facebook, look into what Lady Gaga has had to say on Twitter and even buy things, you can do it all while you’re out of the house. Oh, and you can text and make calls too of course!

Tablet

One of the must-have items of the moment, tablet computers such as the iPad are taking the world by storm. On the train, in the boardroom, at the park, they’re all using them as perfect hybrids between smartphones and computers.

Music Player

Finally, of course, you have to have an iPod or similar device to listen to your favourite music on. Whether you’re in the gym, on the train or just relaxing, it’s always good to have some music to keep you in the mood for whatever you’re doing.

These are what I believe are essential home gadgets, but what is your views? Do you consider all these gadgets essential, and if not, which are yours?

Daily Deal Market Ripe For Consolidation

2 Replies Angeline

According to Yipit, there are 384 daily deal websites operating in North America that it knows about. This number is almost certainly far higher once you consider all the smaller sites that are not able to run deals each and every day.

So is the market too saturated? Is the industry doomed to fail because there are too many competitors competing for an ever shrinking supply of customers?

In 1876 Alexander Graham Bell demonstrated the telephone and one of the biggest communications companies of the time immediately dismissed it with the famous quote:

“This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.”

That company was Western Union and the lack of foresight for this new technology meant they were never able to compete in the profitable telecommunications industry – an industry which they had previously dominated with their telegram service.

Between 1894 and 1904 over six thousand telephone companies went in to business and from there mergers, acquisitions and closures happened to consolidate the industry to just a handful of companies today.

In 1939 there were 132 railroads in America, today that number is just seven as mergers, acquisitions and closures meant huge consolidation in that industry.

An early 1900's American train

The sort of train that powered America in the early 1900’s

In 2005 there were a huge number of social networks available, Myspace, Orkut, Bebo, Friendster and Classmates to name but a few. Today? We have one site, Facebook as the market consolidated.

In 2007 there was just one daily deal website worth mentioning which was Woot, a hugely popular and profitable website that continues to grow and increase its revenues. After the launch of Groupon it spawned off thousands of clones around the world, over 400 of them in American alone.

Since 2009 there have been 72 acquisitions in the daily deal industry, 44 coming in the last 6 months alone. Groupon have gone for an expansion by acquisition business model with at least 8 buys under its belt, Google too is eyeing up the industry with several acquisitions in the daily deal market to expand its Google Offers programme.

There are plenty of other acquisitions too, LivingSocial have bought at least seven daily deal sites and BuyWithMe have purchased 6 daily deal sites before they too have been purchased.

So just like other new inventions and markets spawned hundreds of clones, it might look like the daily deal market is in decline as the number of sites decreases but there is still a very healthy merger and acquisition process taking place as the deal market looks to consolidate and become profitable.