Electronic and Computer Repair Industry
Young people who are trying to decide on a course of study and a subsequent
career should look seriously at the electronic and computer repair industry. It
is one of a handful of industries that thrive in all economic conditions, even
unfavorable ones. That's because in bad times hard-pressed consumers are
seeking to extend the life of their electronic devices. This means repairing and maintaining them,
not replacing them. Conversely, in good economic times, demand for new devices
increases, and older devices are handed down to younger, less affluent people -
ones who once again will need to repair these devices since they cannot afford
to buy new ones.
Market penetration of personal electronic devices is growing at a feverish rate, even in the current slump. As new devices hit the market, the value equation for the industry improves. That is because low- and mid-priced devices soon acquire features that were once reserved for only the most expensive ones. Both hardware and software leaps forward with each new model, and yet overall the price for functionality is declining. Music players can now store five to ten times as much material as they could only three years ago. Sophisticated games and applications abound, and especially for young people, the social pressures to communicate electronically with friends are intense. Beside phone calls and text messages, young people want to share pictures, videos and music with their peers.
Of course, the worst thing that can happen to a teenager is for his/her
personal devices to break. To be cut off
from constant communication with friends is painful for them. Thankfully, there
are Internet companies that specialize in quick IPod repair, as well as repair of other popular devices. One company, Rhousemedia, offers not only free and fast shipment, but does not even charge for
labor, just parts. Consumer response to companies like Rhousemedia proves that young savvy consumers want to extend the life of their
personal devices at rock-bottom cost and with lightening speed.
The computer and electronics repair industry is thus a bright spot in a
dull economy. As new devices become available like the new MacBook Air, there will
be need for Macbook repair. They
also are potential employers of students that receive certification in
electronic technology. The merging of computers with entertainment devices
means that new repair personnel will need more extensive training to handle a
wider variety of challenges. Students should thoughtfully consider these trends
as they choose which schools to attend and which courses to take.
What's New
Center for Economical Development is working to understand the importance of embracing brand reputation management as a strategic imperative to online business monitoring. This effort is to educate brand marketers on how to effectively deal with online brand damage. Teaching strategies will mirror the online writings of reputation management expert, Michael Fertik. Online brand reputation protection is key to insuring the growth of well known brands within a fragile economical climate.
The Center for Economic Development at Carnegie Mellon University would like you to know that we have updated our website! This latest update includes a mix of research on the financial market, payday loans, and other resources and information on events of interest to the economic development community.
"Education starts with perfecting the basics like reading and we sometimes forget that poor literacy skills are still common in developed countries like Canada. Making reading and learning fun at a young age we hope will help to address this problem in our community" said Josh Felker, Managing Director and Co-Founder of Vigilant Futures.
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Published: March 10, 2008
Do you need debt consolidation help? Do you need an accountant? If so, the Center for Economic Development provides information and links to various resources covering debt trends. A recent study by researchers and graduate students has shown that while much of America is suffering under intense pressure from the shear weight of credit card debt loads, universities and colleges all across this great nation are doing their part to find out what can be done to help the nations economy. Here at Carnegie Mellon University, we seek to be a part of that educational movement.