Identify a business What is the product? What action is the business taking or planning to take? Does this action make the business/product truly sustainable?
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- Identify a business
- What is the product?
- What action is the business taking or planning to take?
- Does this action make the business/product truly sustainable?
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- Select a product you are familiar with. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?What is the importance of legitimacy and efficiency of a product in a business?explain thoroughly why option is right and why others are wrong
- develop a marketing plan, Description of the Product: What exactly is the product? What are the features and how do these benefit consumers? Target Market for the Product: Which group of consumers is the product targeted to? Comprehensive Description of the Marketing Mix for the Product. This should be a fulsome description of how you will address the 4 P’s (product, promotion, pricing and place) for your product. Conclusion: What benefits does this product offer consumers and makes it unique or superior to other similar products on the market, and that is it likely to make it successful?Does the lays chips company have any impact on the health of its consumers?Select a product you are familiar with. Do research about that product. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?
- What are the types of decisions related to each element of the marketing program for delivering a value proposition and positioning it correctly in the minds of the target customer?Design your product and provide it a name and a description and visual/picture of it (this can be your own drawing or an image from the internet with your brand/logo assigned to the image). Justify your choice by explaining in detail the reasons why you select your product (i.e. is there a demand for it? will it solve any social, environmental or financial issues? etc.). What is your vision for the selected productWhat kind of value do successful products deliver to consumers?
- What is a value proposition? discuss the five winning value propositions on which company might position its products? Give an example of eachHow does the role of a Customer Success Manager ensure that the end product aligns with user expectations and needs?As a consumer of goods and services, provide an example/story of when a product or service did not meet expectations or needs?