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The Wearables Store Business Analysis

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Finally consumers will be able to enjoy a one-stop e-commerce shop for any type of wearable technology product and Internet of Things.

Founded in 2015, The Wearables Store (http://www.thewearablesstore.com/pages/about-us), has the ambitious mission of offering tech-shopaholics the most innovative products available in the “Wearable and Internet of Things market.”

That’s not all. The company provides potential buyers with the latest news and videos on the tech world’s happenings.

Wearable technology is the future of consumer electronics

The Wearables Store is the brainchild of Philadelphia-based entrepreneur Stephen Spivak, who got the idea of bringing this “completely cutting-edge” technology to consumers under the same e-roof.

As all big electronic companies are gradually developing their own type of wearable technology, Spivak launched his niche site, where he …show more content…

E-commerce and The Internet of Things

A 'light-bulb' went off inside Spivak's head in 2014, and since then the Wearables Store is growing exponentially. This e-commerce shop should have 80 percent of the hottest wearable technology items by the end of the summer.

“Our goal is to offer you the greatest, coolest, and most innovative products in the wearable and Internet of Things marketplace and competitive prices,” Spivak explained.

Encouraging innovation

The website sells consumers products from traditional electronic companies, but also those developed by innovative startups “that you may never have heard from that are just getting to the marketplace”.

According to a report (http://www.pwc.com/us/en/press-releases/2014/wearable-technology-future.jhtml ) evaluating the future growth of wearable technology, twenty percent of American adults already own a wearable device and the adoption rate is quickly expected to rise - most notably among

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