Suggest to choose a product, any product you want and wish to launch it in any c
ID: 342941 • Letter: S
Question
Suggest to choose a product, any product you want and wish to launch it in any country of your choice, and complete a SWOT analysis.
In order to do a SWOT analysis you will first have to do background research and analyze the situation.I would like you to provide some information about the background of the country, about your product idea, your target market, etc.
Then, you are to write a SWOT analysis (strengths, weaknesses, opportunities and threats). Thoroughly discuss each element and tell me why you think what you think.
Explanation / Answer
Let me help you with some key pointers on a particular product in a particular nation. You can build on this for a complete answer with your own thoughts.
Product: Cab hailing app
Market: India
India is a country which is one of the fastest growing economies in the world. With its GDP pegged at close to $2 trillion and growing, and also with the largest share of youth in the world, it has great potential to be a booming market for various products. A key added advantage is the growing middle class, and also the proportion of english speaking population.
I would like to launch an app based cab hailing service, wherein the product is the app itself. This would ensure that the users are swiftly and easily able to get from point A to point B at transparent rates. My target market would be the middle class/working population primarily.
Strengths:
Weaknesses:
Opportunities:
Threats:
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