Potential Development of Substitute Products Homework Help

Potential Development of Substitute Products Assignment Help

Explore Your Knowledge on Potential Development of Substitute Products with Myhomeworkhelp.com Professionals

In the field of business substitute goods of one thing are introduced to meet the same economic purposes.  They are not the same thing but serve the same purposes. For example – pen and pencil is two different product; their manufacturers are different, their mechanism is different, their price is different, but they serve the same purpose. Both can be used for writing. Hence, they are a substitute to each other.It is another challenge for a business entity as per ‘Porter’s Five Forces Threats.’

As substitute goods provide more or less same service, it is another option for customers.  And customers can choose any one of them as per their requirement and as per their pocket. So more substitutes you have more customer you have to lose. Hence, they act as competitors. For detail learning about its significant subject topic, to complete your assignment absolutely perfect, you must join our professional potential development of substitute products homework help.

Why do these emerge?

When the price of a good is increasing gradually in particular market then by force, few consumers stop purchasing that particular good as per their economic condition. But they cannot fulfill their requirement for that particular service hence, become unsatisfied and badly search for another product which can meet their requirement. Thus a substitute product emerges in the market.

How it becomes a challenge for the business entity?

Due to this product business entity has to face lots of problems such as –

  1. If the price of substitutes is lower, then the company has to reduce the price of its own goods by compromising with its profits to survive.
  1. It the quality of another is better than the other’s good need to be changed innovatively. And for this often company needs to spend extra cost which may be adjusted from its profits.

Lots of other challenges are there which are not mentioned here. But if you want a better learning in detail for doing a better homework you must login myhomeworkhelp.com for an authentic potential development of substitute products assignment help.


Three different types of substitute exist in this economy. They are as mentioned below:

  1. Perfect substitute
  2. Net substitute
  3. Gross substitute

How can a business organization avoid these?

Emerge from substitute and its tough competition with the master product can be avoided if the company can follow few strategies carefully. They are discussed below:

  1. Try to know the customer review about the product.
  2. Try to realize why customers are searching for an alternative.
  3. Try to rectify the problems to detain your customers.
  4. Do a random market survey to identify the substitutive goods.
  5. Making a counter strategy and necessary actions.

For more details you must get in touch our potential development of substitute products assignment help team.

Reason for our ever increasing popularity

  • World’s best professionals are working together here to provide you best services.
  • Their individual attention to each student ensures better academics.
  • They are at your service round the clock for you with all their supportive assistance
  • We ensure an accurately finished paper before your deadline.
  • We provide all these services with reasonably low charges.

Then what more do you require? Just click on myhomeworkhelp.com and grab the best potential development of substitute products homework help.


We’re rated Excellent

4.7 out of 5 based on 39 reviews

Order Homework Help
Click or drag files to this area to upload. You can upload up to 5 files.
We do not share numbers with 3rd party.

Join over 200,000+ happy students served our tutors

Take a look at independent reviews to see what users have to say about our homework help service.


overall rating
on LiveChat


of users
recommend service

How It Works

1. Get Price Estimate.
1. Get Price Estimate.


Send us your homework. Mention deadline & upload relevant files.

2. Pay Securely.
2. Pay Securely.


We accept all major credit cards. Partial payments also accepted.

3. Get Solutions.
3. Get Solutions.


Receive error-free, step-by-step solutions in your email.


Why use Myhomeworkhelp?

We provide you with the homework help from top experienced experts. Your satisfaction is a priority to us. Get better grades or money-back. It’s that risk-free! Furthermore, everything about you is kept confidential.

How quickly can you help me with my homework?

We take pride in our 24×7 homework help services. Which means, student can approach us anytime, to get help even on short notices. As short as few hours! And yes, we provide complementary plagiarism-free report.

How much will it cost?

We do not have a monthly fees or minimum payments. Each homework task is quoted a unique price. It is based on tutor’s estimate of the time it will take them to complete your task. There are no obligations, and you are free to discuss the price quote with the tutor.
We do accept partial payment (subject to our policy) to start working on your assignment help. You can pay the remaining amount when your task gets completed. No pressure of up-front payment. No hidden costs.

Who are your tutors?

All our experts are highly qualified professionals – holding at least Master’s degree of their respective fields of expertise. We are very selective and choose only the best qualified tutors for each academic subject. All tutor applicants must provide academic transcripts for each degree they hold, and are tested and screened carefully by our staff.

I have privacy concerns. Can I trust you?

Myhomeworkhelp has completed over 250,000 homework help tasks over the last 12 years. But do not take our word for it! See our here and on Trustpilot. Furthermore, everything about you is kept confidential. Your credit card information is not stored anywhere, and use of PayPal relies on their secure payment networks. Your identity, payment and homework help are in safe hands.

Check our video

Our Reviews