60 likes | 68 Views
Indian market is highly competitive and diverse. Keep in mind these top 4 challenges to ace your planning and sustain your business.<br><br>Schedule a call with Indiau2019 Premier Business Coaching Company on youru00a0 u201cGo To Market Strategyu201d that you can adopt.
E N D
4 CHALLENGES TO CONSIDER WHEN STEPPING INTO THE INDIAN MARKET
The First consideration in entering a new market is determining whether it’s better to be a “first mover” or a later entrant. FIRST OR LATER
New entrants should determine which customers to target first - Dominating a foothold market is a key element in capturing a broader new market. GAIN A FOOTHOLD
What is the type of channel? Traditional channels are like superhighways; channels to new markets are like country roads, entrants must figure out the directions. SUPERHIGHWAY VS. COUNTRY ROAD
Adjacent market v/s unknown markets. Depending on the value of adjacent markets, a peripheral move is better instead of new geographies. MARKETS NEXT DOOR