Purchase Solution

Potential market for consumer goods

Not what you're looking for?

Ask Custom Question

How can a country with a per capita GNP of $100 be a potential market for consumer goods?

Purchase this Solution
Solution Summary

This explains the potential market for consumer goods

Solution Preview

Here though the GNP per capital $100 is very less and it may seem that the country is not a good potential market, actually it may be other wise. It will depend on the size of population as this GNP is per capita. If the size of the population is huge than it can be a very good opportunity for consumer goods companies. But ...

Purchase this Solution
Free BrainMass Quizzes
Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • Marketing Plan Potentials for Global Environments

    Amid these two major categories, the consumer/buyer market is comprised of individuals and households that purchase "goods and services for personal consumption," whereas the business market encompasses organizational entities that purchase goods and

  • E-Business vs. E-Commerce

    daily operations or for making other products and services Sectors of the B2B Market: * Producers - includes all manufacturers and service providers; buy goods to use in making other goods or services * Middlemen - buy goods for resale; includes

  • The 4Ps in Global Marketing

    For the US market the price of the product would be reasonably high, but lower than the competitor prices, due to the higher income and consumer activity within this market.

  • What are the considerations with supply and demand shifters

    If consumer income decreases, demand for most goods and services will decrease.

  • I need your help finding the answers to some questions in MARKETING

    Marketing strategy focuses on developing a unique long-run competitive position in the market by assessing consumer needs and the firm's potential for gaining competitive advantage.

  • Attractiveness of Proctor and Gamble

    Let's begin with the beauty & health consumer goods industry.

  • Marketing Mix: 4 P's of marketing

    Here, I am providing the suggestions as a part of marketing team for expanding the market potential of a product.// As a marketing team, we can use the promotion strategy to expand the market potential of a product.

  • Cultural and economic influences

    If economy is in a boom, the demand for such products will rise in an economy and demand is expected to decline during recessionary times. Hence, market potential for such products are more influenced by economic factors.

  • Microeconomic Analysis: Consumer Products Inc

    Consumer goods. (n.d). Retrieved from http://www.viewlocity.com/industries/consumer-goods.htm 2. Consumer goods. (n.d). Logility. Retrieved from http://www.logility.com/consumer-goods-supply-chain 3. Pricing for consumer goods. (n.d).

View More Related Solutions