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Competitive and Economic Sustainability- PDF

   

Added on  2021-01-02

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Competitive and Economic Sustainability- PDF_1

Table of ContentsCompetitive and Economic Sustainability.......................................................................................1REFRENCES...................................................................................................................................4
Competitive and Economic Sustainability- PDF_2

Competitive and Economic SustainabilitySince, a new start up is taking place where entrepreneur is going to sell products likefresh bio fruits with the help of vending machines. Here, it is being found that both competitiveand economic sustainability factors plays a crucial role for a start up because they are the twomajor factors based on which the businessman invests in the start up. There is peak period inyear between 2008 and 2009 when growth rate is 6.0% which much more than from its initialstage which will benefit entrepreneur in their economic sustainability (Epstein, 2018).A detailed study of the competitive market needs to be done as it is a new product linebeing launched in the category of vending machines, also many changes or alterations may haveto be done to support its existence in the market. Both the competitive factors and economicstability are further explained in detail as under:Competitive Factors for present start-up: Vending business is expected to grow withdiverse range of products in the upcoming time specially in the field of high quality coffee,beverages, snacks , bio fruits etc.Promotion of new products: In UK, with the growing technological advancementvending machines are likely to be used at a increasing rate for product launches andmarketing in the coming time. In present context, the new start up is likely to belaunching a number of vending machines which will be supplying bio fruits in travellocations and bars in near future. One additional feature present in them will be that theywill be socially activated.Strong growth in semi captive locations: Semi- captive locations are receiving a stronggrowth rate for sales in the field of vending involving travel locations and shoppingmalls. Vending machines located in convenience stores dealing in bio fruits are alsoexpected to receive a great amount of profits and also developing very quickly(Schaltegger and Wagner, 2017).Competitive Landscape: Pelican Rouge Coffee Solutions is a strong leader in thisparticular category because the company offers best techniques for innovative andattractive vending machines. It has features like leading technology and efficiency in theamount of energy used. So, the start up people can also use such techniques for newinnovations and attracting customers.1
Competitive and Economic Sustainability- PDF_3

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