March 21, 2012
The trend is very technological and offers a pair of glasses that can pass as being called "smart glasses". These glasses help consumers become more informative about the things around them (Objects, buildings, entertainment).
This trend is changing the way our world works in several different ways, this object helps out people without a phone of a laptop. This object can basically work in the same manner as a GPS. However, these glasses would also provide consumers with accurate information while they are walking. According to me, this product will change the way our society works.
This product can create various opportunities for Entrepreneurs. Production and distribution of this product alone can create many jobs and many businesses. Furthermore, there will be more competition between companies that sell similar products which would also create more inventions in the future. There are also many other ways how this product is beneficial for Entrepreneurs.
As of now, there are not any Canadian companies that are taking advantage of this trend because it is a new product to the market and Google itself has not launched it yet.
I certainly feel that will trend will not fade away if the company keeps adding more and different designed glasses instead of just one. Google should also consider partnering up with brand name glasses company (Ray Ban, CK, Prada, Gucci) which would allow different kinds of products and would attract more customers. Other than that, this product is fabulous and has the potential to last a very long time.
Article: The 50 Best Inventions of 2010, iPad
3. Sources for Entrepreneurs
a. http://www.techpark.net/ - This website gives you information on the latest technological trends. This is great because you can view the newest products in the market and get an idea of what sorts of inventions are being made. Example: Google Glasses
b. http://www.whowhatwear.com/website/home.php - This website shows the latest fashion trends which is great for Entrepreneurs in the fashion industry. It gives examples of many celebrities and new cool clothing. It is a good website to get an idea of new clothes in the market.