STARTING A BUSINESS 3: CUSTOMERS AND COMPETITORS by https://padlet.com/leslien_n/et87b4hvp0e0 Think of a successful business and the market it operates in. You might want to consider a market in which you would like to launch your business or business idea. If you have an image of the company and/or market you’re investigating, please share it along with a paragraph answering some or all of the questions back on step 1.4 (Analysing your market). Originally at: https://padlet.com/dlt/customers_and_competitors_10 en-us 2016-10-11 16:25:19 UTC 2016-10-11 16:27:17 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Cornershop.png SAGA FALABELLA leslien_n https://padlet.com/leslien_n/et87b4hvp0e0/wish/129880379
  • What is the size of the market?   
The company affirmed that Colombia and Peru are its priority. The size of the market is people who want to cover basic needs and those who consider themselves to be fashionable.

  • What are the main businesses within the industry? (the competitors?)
Nowadays on the market of the 'retail' there are some businesses such as Ripley, Peruvian Shops, Oechsle (Intercorp), Estilos and Paris, from Cencosud group.

  • What are the opportunities within the industry?
- The expansion and extension of its operations.
- The acquisitive capacity of population.
- Growth in the economy

  • Have any developments taken place within the industry in recent years?
The brand of watches "Watch Sport" will enter to Saga Falabella, from this month its products will be available in all Saga Falabella stores.

  • What are your personal experiences within the industry?
I have been working for 10 months in the industry.
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