Different brand of car dealers are usually located near one another on same street. What are the pros and cons of this strategy
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pros:
1. the buyer gets the more choice of product to be bought .
2.the car is a costly product thus, the buyer gets a benefit of filtering all his conditions. 3.many cars have mostly all common features but colors can also be examined under a huge amount of cars.
cons:
1. the car showroom's owner owns a problem i.e. competition among many.
2.the buyer got profited but due to competition the owner's sales reduces.
1. the buyer gets the more choice of product to be bought .
2.the car is a costly product thus, the buyer gets a benefit of filtering all his conditions. 3.many cars have mostly all common features but colors can also be examined under a huge amount of cars.
cons:
1. the car showroom's owner owns a problem i.e. competition among many.
2.the buyer got profited but due to competition the owner's sales reduces.
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