An alternative to being a follower in a large market is to be a leader in a small market.

Name: An alternative to being a follower in a large market is to be a leader in a small market.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If it is difficult to compete in a large market, it can be more advantageous to find a niche market where you can establish yourself as a leader. By being the go-to provider in a smaller market, you can often enjoy a higher profit margin and lower competition.

An Alternative to Being a Follower in a Large Market