Sounds like a good idea.

Here's some background research I gathered about our proposal and some information on the lighting industry in general.

John

At this point, which force do you think should be our biggest concern?

Suppliers

New Entrants

Buyers

Rivalry

Manufacturing

Mostly smaller manufacturers

Few, if any, manufacturers have a recognized br

Popular designs are rapidly copied

Patents offer little protection

Technology for internet$-$connected smart fixture

Creating specialized production lines is necessa

Distribution Channels

Many smaller manufacturers sell directly throug

Some retailers offer their own private label brar

Large manufacturers sell directly through their

Individuals often compare prices across all char

Suppliers

Primary materials are commodities like metal, n

Most manufacturers use a wide variety of supp

Each commodity has a large number of supplie

Startup Process

An efficient factory can cost between $$15-50$ n

Outsourced manufacturing can reduce initial cc

The regulations are simple and straightforward

Marketing expenditures can be controlled throl

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