market resistance

Why Does Market Resistance Occur?

Market resistance can occur due to several reasons:
1. Customer Inertia: Customers often prefer sticking to familiar products rather than trying something new, leading to resistance against new entrants.
2. Brand Loyalty: Established brands have loyal customer bases that are difficult to shift.
3. Regulatory Challenges: New businesses often face stringent regulations that can impede their market entry.
4. Cultural Barriers: Cultural preferences and habits can also act as a form of resistance, especially in international markets.

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