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Which one is preferable between local and town market?
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[QUOTE="King bell, post: 342748, member: 75687"] Factors such as target audience, business model, offerings provided on the market and growth objectives are often taken into account to make a choice between a local market and a town market. Determine which one is most suitable based on your audience’s demographics and preferences. Think about whether there are any other opportunities for expansion in both markets. It is important to take into consideration the customers’ convenience, accessibility as well as operating costs. Therefore local markets would have lower costs while economies of scale might be gained from town markets. Also consider how much room for flexibility and adaptability you will have under either business model before deciding on what is best for your company. [/QUOTE]
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Which one is preferable between local and town market?
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