For Industry analysis question – Considering 2 egs:
Expected Answer
First briefly explain all the 4 types of Consumer Behaviour – Conceptually with the matrix drawn
Secondly, explain the major players in Soap/Det market – and how consumers behave when buying a Soap and Detergent
Explain briefly all the 5 forces conceptually – with the pictorial representation
Move on to explain how competitive the sector is – considering the factors in it (given in the slides)
Map all the 5 forces - threat of substitutes, new entrants, buyer and supplier power
Eg – Threat of sub – Herbal products – not using soaps – some cos can come up with purely ayurvedic/herbal products which can chuck HUL/ITC out.
Threat of New Entrants - How a new entrant is competing and its strategies vis a vis ITC/HUL
Buyer and Supplier Power – mention the impact of this force on the sector (major players) by considering the factors mentioned in the slide.
Hope it clarifies!!!
No more ques on this plzzzzzzz….!!!
Regards
Kushagra
we had to do it nd telecom
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Regards,
Shivani