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Advanced Entrepreneurship - Essay Example

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The name of the new product will be Triangle air snickers. The aim is to start selling the product by distributing them in small shops with good quality…
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Advanced Entrepreneurship
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Download file to see previous pages The other reason why this product was chose for triangle solutions was so as to introduce the retail market in the united states and also provide for other reasons and factors that can be able to improve the importance of retail market as practiced in the united states (Burton, Parker, & Lawley, 2012).
One of the major aim of the Triangle casual shoe wear product is to be able to provide a better quality rang product to the triangle solutions customers. This means that the business will be able to meet the target of getting the product in different countries like Brazil, United Kingdom, China and France. It is a well-known fact that the Chinese market is of the most reputable in the world especially due to its economic cost in the market. France is also famous for its designer wear while brazil has a great market for snicker shoe products that include other forms of footwear. There are also other manufacturers who produce a huge selection of fashion footwear for both men and women in the countries (Burton, Parker, & Lawley, 2012). The product will mainly focus on the united states industry because it is the native home for the triangle solutions meaning that it will be easy to deal with the suppliers in the best way and also be able to get better quality and price.
The relationship that the product will create with its competitors will be mostly focussed on the price and market position. In some of the markets, competitor will be found to have reach what is commonly referred to as a modus vivendi, this means that in this situation there are generally understood rules on how competition with other products occur. Market size will also mean that the product will have to look at the value to which the product offers the consumers. The less stable the market size, the greater the rate at which the price of the new product will be determined (Burton, Parker, & Lawley, 2012).
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