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1. How is this market changing? 2. What market structure might it be in the future? 3. What effect might this have on producers and consumers?

1. How is this market changing? 2. What market structure might it be in the future? 3. What effect might this have on producers and consumers?

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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The Market for Home Security Cameras Example 2 update: In the last O few years, major technology VS ring companies have bought up small home "smart" device companies. Google bought up Nest and Amazon bought Ring. Now Nest and Ring are much easier to use than other home security products since they can use Alexa and "Hey Google." in a much easier way than producers not owned by a major technology company. Nest and Ring now have advertisements during popular tv shows and on various social media 1. How is this market changing? 2. What market structure might it be in the future? 3. What effect might this have on producers and consumers?
Transcribed Image Text:The Market for Home Security Cameras Example 2 update: In the last O few years, major technology VS ring companies have bought up small home "smart" device companies. Google bought up Nest and Amazon bought Ring. Now Nest and Ring are much easier to use than other home security products since they can use Alexa and "Hey Google." in a much easier way than producers not owned by a major technology company. Nest and Ring now have advertisements during popular tv shows and on various social media 1. How is this market changing? 2. What market structure might it be in the future? 3. What effect might this have on producers and consumers?
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