The document discusses the costs for a second entrant in a market compared to the first three movers. It notes that the market size is 10 million units and the first three movers currently hold 6 million units, or 60% of the market. It then calculates that the cost of being the second entrant is 20% of the market share of the first movers, multiplied by their market share. This results in a total estimated cost of $180 million for the second entrant to enter the market.
The document discusses the costs for a second entrant in a market compared to the first three movers. It notes that the market size is 10 million units and the first three movers currently hold 6 million units, or 60% of the market. It then calculates that the cost of being the second entrant is 20% of the market share of the first movers, multiplied by their market share. This results in a total estimated cost of $180 million for the second entrant to enter the market.
The document discusses the costs for a second entrant in a market compared to the first three movers. It notes that the market size is 10 million units and the first three movers currently hold 6 million units, or 60% of the market. It then calculates that the cost of being the second entrant is 20% of the market share of the first movers, multiplied by their market share. This results in a total estimated cost of $180 million for the second entrant to enter the market.
The document discusses the costs for a second entrant in a market compared to the first three movers. It notes that the market size is 10 million units and the first three movers currently hold 6 million units, or 60% of the market. It then calculates that the cost of being the second entrant is 20% of the market share of the first movers, multiplied by their market share. This results in a total estimated cost of $180 million for the second entrant to enter the market.
Market share of first 3 movers (in Million units) 6
Cost of being second entrant in the market
Share of 2nd minus share of 1st Multiplication of the above with market share of first 3 movers (in M Total cost of being 2nd considering per product price (in Million) Estimated cost per day (in Million) The price of sequent entrant in the market will be obviosuly higher to first because of huge market raise every y business sustaining in the market for sure will have huge customer database , contacts . Then the competeter w Static data Share of top 3 in percentage 1st 50% 2nd 30% 3rd 20% Cost of the product per unit Enter on right $3000
because of huge market raise every year.
se , contacts . Then the competeter will have to invest more to compete with first in order to capture the market. e the market.