3. Make a product/service planning and development process (concise description) following the 4key stages. Idea stage, • Concept stage, Product development stage test Marketing stage

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
icon
Related questions
Question

From the given situation answer only number 3.

A. Directions: Analyze the situation below and do the required activities in
notebook.
Situation:
Lena, a fresh graduate of Technical Education and Skills Development
Authority (TESDA), thinks that there is an opportunity to open a salon in their
community in Batisan Village, Cabanatuan City, Her initial findings show that
heir community has only one barber shop for men and one beauty salon for
women. Batisan Village has 200 families Maiority of the members of the families
are office workers and students, She conducted an informal survey via social
media that families want to go to just one barber shop/salon together for ther
beauty and relaxation needs plus they also want other services like nail cleaning
and massage.
20
Transcribed Image Text:A. Directions: Analyze the situation below and do the required activities in notebook. Situation: Lena, a fresh graduate of Technical Education and Skills Development Authority (TESDA), thinks that there is an opportunity to open a salon in their community in Batisan Village, Cabanatuan City, Her initial findings show that heir community has only one barber shop for men and one beauty salon for women. Batisan Village has 200 families Maiority of the members of the families are office workers and students, She conducted an informal survey via social media that families want to go to just one barber shop/salon together for ther beauty and relaxation needs plus they also want other services like nail cleaning and massage. 20
Requirement:
1. Leria need additional data for her to decide on the attractiveness of the business
opportunity, what method of generating ideas will she use and why?
2. Prepare a set of idea-generating questions that will answer the information that
Lena needs. (Prepare a minimum of 10 questions).
3. Make a product/service planning and development process (concise
description) following the 4key stages.
Idea stage,
Concept stage,
Product development stage test
Marketing stage
Transcribed Image Text:Requirement: 1. Leria need additional data for her to decide on the attractiveness of the business opportunity, what method of generating ideas will she use and why? 2. Prepare a set of idea-generating questions that will answer the information that Lena needs. (Prepare a minimum of 10 questions). 3. Make a product/service planning and development process (concise description) following the 4key stages. Idea stage, Concept stage, Product development stage test Marketing stage
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Principles Of Marketing
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
MKTG 12:STUDENT ED.-TEXT
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:
9781337407595
Author:
Lamb
Publisher:
Cengage
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning