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Barriers to Market Entry

You buy and sell second hand phones. What steps do you need to take before deciding whether to purchase a second hand device? How easy is it to check that the device works? And given that, what is the minimum infrastructure you need be able to operate? What are the barriers to entering the market?

A sign, a display case, somewhere to sit and something to sell. Photo from the extensive mobile phone market around Chengdu's Tai Shen Lan Lu.

Writing from Tokyo | January 22, 2006 | Permalink