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NANDHA

Stealth • 1m

Which market do you prefer?. and why?. consider all the aspects while running a business. (finance, customer acquisition, costs, profit, sales, future growth etc... all) please justify, why? thank you.

small share in big Market

big share in small market

Votes: 115

Shaik Dasthagiri

Stealth • 1m

I think it’s easier to get a small piece of a big market because people naturally choose the easiest option.

NANDHA

Stealth • 1m

you may get investors attention. (because it's risk free investment). and you even need more capital etc.. but having a bigger piece in smaller markets gives advantages like 1.) convincing your customers (cozz it's a smaller market and making them switch just needs a good assistance and trust). 2.) monopoly in later times 3.) when moving towards bigger markets in the same sectors gives additional advantage (you are making a earphone market and wanted to switch headset, speakers, home theatre etc..) 4.) it's always just making the scattered market into one. (in this scenario) etc..

1 replies2 likes

Replies (1)

Sajin
•

Foundation • 1m

I think it queries as long as that has to do with a potentially growing niche

1 replies1 like

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