Product is important to customer (Smart Phone Industry)
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When customers cherish particular products they end up paying more for that one product. This positively affects Smart Phone Industry. … "Product is important to customer (Smart Phone Industry)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. "Product is important to customer (Smart Phone Industry)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. |
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Threat of Substitutes: Product is important to customer (Smart Phone Industry)
When customers cherish particular products they end up paying more for that one product. This positively affects Smart Phone Industry.
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