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Hey it's Matt

From: Matt
Sent on: Sunday, November 27, 2011 2:21 PM

Hey,

What's up? Felt like a bunch of sardeens at the last entrepreneur meeting. Kinda hot in there too. So I'm gonna keep my eye out for other locations, maybe something will come up.

Have you done any Christmas shopping yet? Seems like the shopping part can be a lot of work if you have many people to buy for. I guess you got to just try and have a positive attitude about it. As for me I did most of my shopping online this year. It was a pretty good experience so far. I'll give you a list of the sites below in case your interested.

I love amazon, they're really really upping there game in so far as quick and easy shopping. They have the new 1 click buy feature. So one click and it's bought! Unlike say ebay where you have to click at least a dozen times and enter so much data. It's not a big deal but still, guys like just fast and quick purchasing ha ha so it works for me. I think I saved a lot of money too, the discounts where quite significant compared to what I seen in the malls. Anyway some of the key sites that you can save a lot of money on are: Amazon, ebay, and dhgate (dhgate is where a lot of ebay sellers get there goods), so check those out.

But that's not the main reason for the email...

I thought I'd tell you about a market I stumbled upon that anyone could get into. I'm actually surprised I never thought about this years ago already. But I wasn't looking for anything back then, now that I am looking for a new idea this really hit home.

I was at this website. The guy mentioned how a group of successful entrepreneurs had shown him how the cell phones industry was on a rapid uptrend. Then the guy was so impressed that he invented some product for it. It didn't quite sink in yet at that point. Then later I was looking around and I kept seeing "Angry Bird" stuff everywhere. And I didn't even like the app that much. But they had licensed out the name to so many different companies it's ridiculous, likely making them a fortune.

So one thing led to another and I started looking into the cell phone market. Turns out that that group of entrepreneurs was very accurate in terms of uptrending markets. The statistics surrounding smartphones is quite surprising. This is the first year that smart phones have equaled regular cell phones in there user base, about 50/50. But the trend is intersecting on a line graph, cell phones going down, smart phone users constantly going up. And another site indicats that by the year 2015 over 2 billion people on the planet will have a smart phone!

This really got me thinking...

Angry Birds making millions, strange elite groups of entrepreneurs talking about targeting the smart phone market...... hmmm seems rather interesting. So anyway I've been looking at the app market. It definitely is a key market that any entrepreneur should seriously be looking at right now.

It's almost like the second wave of the internet. First there was the net and people launching websites. Now it's the smartphones and people lauching there apps! It really is the next big thing that everyone should get involved in in some way.

Also developing apps has become extremely easy. You can even build them yourself using various simple app building programs that are available. Or you could turn to freelancers overseas which is cheap and easy way to get them built.

Seems like most of the apps are becoming no cost for the basic version, then once you get it they try and get you to upgrade. Or you could buy the upgrade right away.

If the app is under 20mb the user can download direct to there smartphone. This is the ideal way to get the app to spread virally. Like I could just send you a text saying "check out this app" and you might go do that whereever you might be and download the app. So it's really got that viral element to it that could cause any app to grow huge overnight.

I'm not familiar with the other smartphones but Apple only takes a 30% cut of your profit on each sale. Which is quite good, leaving you a hefty 70% of each sale, excellent.

Other ideas that you can incoporporate into an app include things like: Use of the accelerometer in the iphone, use of the flash in the iphone, microphone, use of the gps, and various other hardware that could be incorporated to make a really unique app.

Anyway, I just thought I'd share that bit of information on that market in case you're looking for a new idea to explore. Perhaps you could develop the next app that goes huge like Angry Birds did, perhaps pocket a few million in the process ha ha. ;-) 

Also I have a few app ideas I'm currently working on, but I was thinking that if anyone is interested in perhaps either collaborating or doing some kind of JV on an app project I'd be all ears. I've done internet marketing for over a decade so I'm eager to get involved in doing some apps. Send me an email below and perhaps we could put our heads together and see what we can come up with.

The next Edmonton Entrepreneur meetup is monday dec 12th at 7pm at the Starbucks on 178th and 69th ave. rsvp below... (If I find a better location I"ll let you know prior)

 

Matt

http://www.meetup.com/edmontonentrepreneur

[address removed]

 

 

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