0
The market for a product may drop because
- Changing times make the product less useful - e.g. buggy whips
- A better product that does the same thing comes along- e.g floppy disks sales drop because of flash drives
- A cheaper substitute that is good enough comes out-- e.g. oleo for butter,nylon for silk
- Bad news comes out about safety of the product- eg, E Coli found in sprouts
- The price of the products goes up sharply- eg gasolene
- Special taxes are added to the product- eg tobacco
What else can I help you with?
Market penetration index?
population of product in a market/total available market size
What is the difference between market size and market share?
market size" is made up of the total number of potential buyers of a product or service within a given market however, market share Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share by business student disathna
What are the advantages of being a market-oriented company?
· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size
What are determinants of the market size?
what are the determinants of the market size
What is the difference between total market and market size?
the size of the market like small, medium, and large, like clothing size. So say if i was a market size i would be an extra small in an areopostale market. But in a Justice market i would be a 12 or a medium.
Why does a change in market size affect demand?
A change in market size affects demand because it directly influences the number of potential customers for a product or service. An increase in market size, such as population growth or demographic shifts, typically leads to higher demand as more consumers seek the product. Conversely, a decrease in market size can reduce demand, as fewer consumers are available to purchase. Additionally, changes in market size can also impact consumer preferences and purchasing power, further influencing overall demand dynamics.
Market penetration index?
population of product in a market/total available market size
What is the difference between market size and market share?
market size" is made up of the total number of potential buyers of a product or service within a given market however, market share Out of total purchases of a customer of a product or service, what percentage goes to a company defines its market share by business student disathna
What might happen to ice gaps and glaciers as a result of global warming?
They might reduce in size.
What else besides migration might account for a change in market size?
A reason for market change can be tax laws. Tax laws in a country can change the market profoundly.
What are the advantages of being a market-oriented company?
· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size
What are the advantages of being a market oriented company?
· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size
How do you reduce hand size for men?
When you reduce his penis size.
What is the market size for Pressure Reduce Valves?
They come in many sizes, possibly the most common for domestic use is 3/4 inch.
What are determinants of the market size?
what are the determinants of the market size
What causes an organization to market its product?
What size was the organization where you last worked in terms of revenue and employees and what were it's primary products and markets
How can you reduce your head size?
There is no way to safely reduce your head size.
