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PESTEL Analysis of New Product
PESTEL Analysis of New Product
Opportunities Threats
High market growth opportunity in the segments of eco-conscious families, people There is a risk that competition from established brands offers similar eco-friendly
who moving to cities especially people who like smart technology and busy workers cleaning solutions
who want to save time, and this number is growing fast compliance with environmental regulations and standards adds complexity and cost
Partners with environmental organizations and influencers to promote the brand’s to production
sustainability credentials and garner positive media coverage downturns or fluctuations in consumer spending could affect purchasing decisions
The brand uses the latest technology such as artificial intelligence and sensor tech Volatility in raw material prices or currency exchange rates may impact production
Continuous Research and development to constantly improve the cleaning costs and profitability.
performance, making customer life easier. the threat of new entrants introducing disruptive technologies or undercutting prices
Rapid advancements in technology may be rendered obsolete and failure to adapt to
evolving consumer preferences and market trends could result in a loss of market share