Question: 1. What micro-environmental factors have affected Fitbit since it opened for business? 2. How should Fitbit overcome the threats and obstacles it faces? 3. What

1. What micro-environmental factors have affected Fitbit since it opened for business?
2. How should Fitbit overcome the threats and obstacles it faces?
3. What factors in the marketing environment not mentioned in this case could affect Fitbit?
This case chronicles how Fitbit went from a tiny startup with little more than a balsa wood box and a circuit board to the pioneer of one of the hottest tech categories-wearable tech. In just a handful of years, Fitbit's product line has expanded, and its revenues have doubled year-over-year. The company is certainly doing some things right. But it's also a case of having the right product at the right time. Based on trends in the marketing environment, Fitbit has successfully ridden the fitness wave to become a thriving tech company that appears to have a very promising future?

Step by Step Solution

3.51 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 Consider a quote from the case To hear Park tell it It was the right product at the right time at the right price point There is a certain amount of ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1215-B-M-C-R(552).docx

120 KBs Word File

Students Have Also Explored These Related Marketing Questions!