imagine you are opening a shoe manufacturing company in south africa and one in nigeria for memory foam shoes (sneakers, heels, slippers). critcally discuss Whether one country or both countries represents a good opportunity for your product and, do you recommend entering or not entering those markets?

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter2: Planning, Implementing, And Evaluating Marketing Strategies
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imagine you are opening a shoe manufacturing company in south africa and one in nigeria for memory foam shoes (sneakers, heels, slippers).

critcally discuss Whether one country or both countries represents a good opportunity for your product and, do you recommend entering or not entering those markets?

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Every company should assess the market and its own strengths and weaknesses before entering any new markets. There is always a first mover advantage where the people have more positive brand perception for your company and your learning curve is quick.

A good market opportunity is where the demand of your product is very high and growing. The customer segment is also will be enough to purchase your product on a repeated basis.

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9780357033791
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