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The competition in the Indian market is so high that influential brands with deep pockets struggle to create a significant position. It requires strategic planning, due diligence, commitment, and consistent follow-ups.<br><br>Schedule a call with Indiau2019 Premier Business Coaching Company on youru00a0 u201cGo To Market Strategyu201d that you can adopt.<br><br>Moloy Chakravorty<br>Business Coach - ActionCOACH<br>Founder - Beyond Red Ocean Consulting<br>Entrepreneur| Keynote Speaker
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5 KEY POINTS FOR ENTERING THE INDIAN MARKET
1. BROAD INDUSTRY ANALYSIS • Acquire knowledge about market competition and regulation • Thoroughly evaluate the market trends • Network & Build important business connections
2. INDUSTRY-LEVEL VALUE PROPOSITION • Be aware of the capital investment • Check competitive pricing • Strategic price mapping for a decent profit margin
3. DESIGN AN ACTIONABLE BUSINESS PLAN • Build an appropriate infrastructure • Implement an approach to find a reliable local support network • Understand the phases your business will go through
4. IMPLEMENT & EXECUTE THE PLAN • Money- Carefully plan and delegate your finances • Time- Manage your performance within daily 24 hrs • Delivery- Execute the right systems to ensure quality
5. START TO STAY FOR THE LONG HAUL • Have a plan B to sustain the business • Define a time scale with the sales targets and expected ROI • Collaborate effectively with properly regulated contracts