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Potential competitors may enter an industry and begin to take market share from existing companies. What would be one of the largest challenges a new
Potential competitors may enter an industry and begin to take market share from existing companies. What would be one of the largest challenges a new entrant would need to overcome to be successful when entering the industry?
Very few customers are currently buying a product.
Production costs are high and require high volumes to achieve profitability.
Several powerful retailers provide the only access to customers.
Complementors are lacking that go along with the product.
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