Despite the sudden drop in hoverboard sales, almost all hoverboard stores went through last year; there’s a silver line for people wanting to make a quick profit. Getting the best out of the hoverboard industry implies studying the worst of it.
This includes knowing the ups and downs of the product inside the current marketplace. Currently, there’s a steady demand for hoverboard across the United States and internationally.
This opens a window of opportunity for people wanting to invest in the product, or only buy a hoverboard on Amazon. Now, as said before, you need to know both the worst and the best about the hoverboard industry. So, let’s begin with the worst.
Hoverboard Industry: Off to a Rocky Start
Starting off with a technical failure, the hoverboards quickly made a wrong first impression with hoverboard batteries exploding or catching on fire.
This not only jeopardized their likeability in the market but also led to a massive recall. Notably, the hoverboard companies who fixed the fault in the electrical system earned a solid base of customers.
Good About the Hoverboard Industry
Nowadays, the hoverboard sales have managed to thrive in the current economy. Companies such as Levit8ion, Swagtron and SKQUE invested quickly in the UL Safety Certification. Thus, having a positive impact on customers hesitant to buy hoverboard on Amazon or in any physical hoverboard store.
It’s worth mentioning the UL 2272 compliance it’s a standardized process to certify the product has all safety requirements to date. It’s safe to say, the dark days for hoverboard stores across the United States are long gone.
The good thing about having a better start is that everything is uphill from now on, for any hoverboard company of course. The demand for good quality hoverboards is on the rise and manufacturers are taking advantage of it. Summer sales, winter sales, 4th of July sales, it seems the hoverboards are on sale.