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Essay text:
Just like a manual books.
The Threat of Substitute product
• The availability and the cost are the most reason for customer to find the substitute product.
• The variants of the products.
• Strategic location.
The threat of the entry of new competitors...
• The capital to build this kind of store is quite average.
• Good network among the customers, stores, and vendors is very important.
• A huge space should be provided to satisfy the customers to get the ‘one stop shopping’ experience.
• Good strategic location could give you some cost advantages. Although strategic location always expensive...
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