This essay focuses on behavioral characteristics of consumers. a market is a system of institutions, rules and procedures relating to the exchange of goods
Opportunities
A market can be defined simply or rather complexly. In the simplest terms, a market is a system of institutions, rules and procedures relating to the exchange of goods and services between persons or organizations. Markets can be defined in different ways, including by geography, customer, product or even the behavioral characteristics of consumers.
An international market is define geographically as a market outside the international borders of a company’s country of citizenship. A company, to the extent that it is a legally distinct entity from its owners like a corporation, is usually a citizen of the country where it is organize. IBM, for example, was form in the United States. Thus, any geographic area outside the territorial boundaries of the United States where IBM conducts business is IBM’s international market. The conceptual opposite of an international market is the company’s domestic market, which is the geographic region within the national boundaries of a company’s home country.
Firstly, increased social media can help Uber Elevate to reduce the cost of coming into new market and reaching to consumers at a significantly lower marketing budget( Warwick,2016). Secondly, E-commerce business model is another opportunity for Uber Elevate. E-commerce can help Uber Elevate establish contact with local suppliers and logistics providers in international market.
1.3.4 Threats
There might raise serious competition from domestic and global competitors. Uber Air running module is easy to be copy by other competitors. This might lead to Uber Air loss its key player in the market.
There are more and more regulations for the Uber Air project. It is which will slow down the pilot and even commercial operation procedures.
details;
Firstly, be sure
Secondly, integrity
thirdly, passion
Further, skills