Types of market
1. Perfect Competition: Many buyers and sellers with identical products.
2. Monopoly: Single seller dominating the market.
3. Monopolistic Competition: Many sellers offering differentiated products.
4. Oligopoly: Few large firms
Is it still a good idea to build a D2C premium Menโs clothing brand but at affordable prices even after so many players already in the market?
If yes, what should be done to stand out?
8 replies9 likes
Navneet Kumar
Trying to be bestย โขย 10m
What are the big problems that still exist in VR/AR??
1 replies1 like
Sandeep
Talks about Products...ย โขย 12m
You got a start-up idea ๐ก
You excited and thought this is going to be the next unicorn.
You searched in the google and found your idea already exist.
You disappointed and demotivated
Have you faced such situation ??
2 replies3 likes
Atharva Deshmukh
Daily Learnings...ย โขย 4m
Blue Ocean strategy is a business approach that focuses more on such Blue Ocean areas. There are two types of market spaces(oceans): Blue and Red
a] Blue Ocean is the new, uncontested market space, competition is negligible, increases profitability
This is huge.. gpay is one of largest upi app (in terms of users) people are already familiar with it, timing is great because in current scenario Paytm is struggling right now many small businesses and vendors are shifting from Paytm, gpay will capt