Product is important to customer (Victoria's Secret)
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When customers cherish particular products they end up paying more for that one product. This positively affects Victoria's Secret. … This statement will lead to an increase in profits for this entity. "Product is important to customer (Victoria's Secret)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. This qualitative factor will lead to an increase in costs. "Product is important to customer (Victoria's Secret)" is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue. |
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Threat of Substitutes: Product is important to customer (Victoria's Secret)
When customers cherish particular products they end up paying more for that one product. This positively affects Victoria's Secret.
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