since there is little competition they make more business
Yes, niche competitive advantages are quite common in marketing, particularly for businesses targeting specific segments of the market. By focusing on a narrow audience, companies can tailor their products, services, and messaging to meet unique needs, often leading to stronger customer loyalty and less direct competition. This specialization allows businesses to differentiate themselves and create a strong brand presence within their chosen niche. Overall, leveraging niche advantages can be a powerful strategy for sustained success in a crowded marketplace.
what are the advantages and disadvantages to multinational companies by investing in A HOST COUNTRY?
The advantage of value based pricing is increased profits and customer loyalty. The disadvantages are labor cost, competition, and the niche market.
Competition; "because of competition, organisms may not be able to occupy the entire niche they are theoretically capable of using" The Living World - Johnson
What are the advantages of multinational companies to the developing countries?
Many companies make android netbooks including household names such as Samsung, Apple and Toshiba as well as smaller, more niche companies such as Acer or Lenovo
The advantages are that it is good for the consumers and there are no disadvantages except for the companies
Capps created his own niche market of legal expertise by serving as counsel for a succession of utility power companies
Many companies make android netbooks including household names such as Samsung, Apple and Toshiba as well as smaller, more niche companies such as Acer or Lenovo
Advantages and disavantages of parastatals companies
Advantages and disavantages of parastatals companies
Advantage: You become an expert in one areaDisadvantage: You only are an expert in one area