While Australian Char's Heat Beat is a well-known product worldwide, their Easy-Lite product, which makes barbeques easy to ignite and keeps food from tasting like accelerant, may have first-mover advantages in Chile and Mexico. Australian Char could gain a competitive advantage by launching their product first. Being the first to enter a market, however, has drawbacks – first-mover disadvantages. List and quickly explain three (3) benefits and three (3) drawbacks for Australian Char if their new product is presented to Chile and Mexico ahead of competition. Please do fast ASAP... Fast

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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While Australian Char's Heat Beat is a well-known product worldwide, their Easy-Lite product, which makes barbeques easy to ignite and keeps food from tasting like accelerant, may have first-mover advantages in Chile and Mexico. Australian Char could gain a competitive advantage by launching their product first. Being the first to enter a market, however, has drawbacks – first-mover disadvantages. List and quickly explain three (3) benefits and three (3) drawbacks for Australian Char if their new product is presented to Chile and Mexico ahead of competition. Please do fast ASAP... Fast
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