Answer Happy

1.) Describe the main opportunity(s) involved in the Shark Tank
feature "Manscaped." Highlight parts of the feasibility of the
business concept involved in their pitch by describing the
characteristics of the opportunity and related concept (or at least
the entrepreneurs’ understanding of the issues) . If they are not
explicit about these, please infer and justify why as appropriate.
Help do a bit of feasibility analysis for the entrepreneur. Please
use outside sources such as industry or consumer reports,
competitors’ web pages, or statistics about the market to amplify
any information you might need. Be sure to note any references and
citations.
Some of the main issues are
a. That they have the “right” customer
b. That they have the appropriate way to reach that customer
c. Their main source of differentiation and value-add over the
next best alternative
d. Customers’ willingness to pay the price (in line with point c
above regarding value-add)
e. The price-cost relationship (such as margins, profitability,
tech development, etc.)
f. Industry features and dynamics
g. Their ability to deliver on the concept as described