the demand for milk tea increased that caused a lot of entrepreneurs to enter theindustry and open a milk tea business. Milk tea business is a perfect example of a marketstructure called monopolistic competition, a market structure where in the competition isvery aggressive which leads for different brands to compete for the consumers’ loyalty.Entrepreneurs have to make a way on how their product will stand out among all of theircompetitors. This is where marketing strategy is considered in order to catch theattention of the consumers. Entrepreneurs have to come up with the best and mostunique way of introducing and selling their product to the market. Marketing strategy isconsidered to be the first step of any business to the world of success. The future of thebusiness depends on how good and unique your marketing strategy
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the demand for milk tea increased that caused a lot of entrepreneurs to enter theindustry and open a milk tea business. Milk tea business is a perfect example of a marketstructure called monopolistic competition, a market structure where in the competition isvery aggressive which leads for different brands to compete for the consumers’ loyalty.Entrepreneurs have to make a way on how their product will stand out among all of theircompetitors. This is where marketing strategy is considered in order to catch theattention of the consumers. Entrepreneurs have to come up with the best and mostunique way of introducing and selling their product to the market. Marketing strategy isconsidered to be the first step of any business to the world of success. The future of thebusiness depends on how good and unique your marketing strategy