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Personal Finance News Releases
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(MoneyNewsWire.Net, October 12, 2015 ) Wilmington, Delaware -- Many point out that the sort of activities taking place at Stunning Gadgets' development house could amount to around $10 million if not more. That said even taking the most common and easy to produce product and introducing that product to a mass market can cost close to a million dollars upfront alone. But Stunning Gadgets is rumored to be working on up to five products scheduled for release in 2016, one of them is the new Pocket Chain saw. So, the figures released by the company do not make much sense to a number of experts that have been following the developments and product announcements in the past couple of months.
Businesses like Stunning Gadgets spend millions of dollars trying to develop a great idea into a great product. But often times the product does not do the idea much justice and most businesses find out once the product is out. There is also the chance that a rival business will beat the company to the market which can potentially reduce the profitability. However, while investing in the tech industry has become a lot like gambling at a casino, businesses like Stunning Gadgets may have the right idea. The company invests in advertising prior to even working on an idea to find out how the market responds. That is what may be saving the company money in the short and long term. The $3 million development figure for the 2015 fiscal year is plausible provided that the company knew that the idea was going to be successful.
"Our figures are very near accurate. The only thing that has not be factored into the latest figures are the next three months right up until December 31st, 2015. However, that fiscal report will be released sometime next year. The reason why the spending mentioned is not as high as some people have estimated is because we rely a lot on efficiency. We use a number of methods to gauge the market prior to investing money. So, we risk a small amount prior to pouring in lots of time and money. This has worked the best for us." said the finance manager for Stunning Gadgets "I think this is a strategy that many other smaller businesses in the tech industry should follow to improve efficiency and only bring the best products to the military survival market."
Stunning Gadgets despite now manufacturing and selling an array of products is still famous for high-quality survival gear. The company continues to invest in manufacturing high-quality survival gear which accounts for 30% of R&D investment.
About Stunning Gadgets
Stunning Gadgets is a company that sources various products from all over the world. Its objective is to provide niche consumers with the best products manufactured in the top facilities worldwide using the finest materials available.
Stunning Gadgets combines the highest quality materials with innovation and a great warranty ensuring that people get the highest return on their investment. This approach has made Stunning Gadgets one of the leaders in the phone gadgets industry.
Stunning Gadgets
Stuart Cronshaw
1-888-843-0268
media@stunninggadgets.com
Source: EmailWire.Com 
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