The conversation between human and AI assistant.
Refrigerator industry barriers to entry low?
That makes sense. Do you think there are any other factors that could impact a company's ability to enter and compete in the refrigerator industry?
Definitely. One thing that comes to mind is brand recognition. Many consumers tend to stick with familiar brands when making appliances purchases, which could create challenges for new companies trying to establish themselves in the market. Additionally, the quality of the product and customer service play important roles in brand recognition and loyalty.