Question

how do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success and consider also the reasons for any failures.​

Answer 1

Answer:

Market entry strategy is an efficient and planned method of introducing a product into the economy. It involves planning, marketing, sales and delivery of the products effectively to embark a new product strategy. Correct market strategies help the company with profits and success in the product market.