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Would Tokyo be a good test market for a new brand planned to be marketed worldwide? Why and why not?
Write only three solid arguments.
Please Discuss here about this GDB.Thanks
Tokyo would be a good test market for a new brand planned to be marketed worldwide because of the following reasons:
Tokyo would not be a good test market for a new brand planned to be marketed worldwide because of the following reasons:
Tokyo would be a good Test market because of the following reasons
1- Tokyo is the moderate market in the world wide and known as a market having a strong brands and quality products
2- Tokyo is one of the preeminent global cities in the world with a vital economic foundation and continued focus on modernity and maintaining their position as one of the most modern industrial and financial centers.
3- It is a model for cities world wide who are striving to gain a position at the forefront of foreign investment.
Tokyo is home to the second largest Stock Exchange of the world.
The Capital City accounts for the highest GDP per capita of the country.Business Overview