Discuss other existing products that have created new life for the product by embracing Internet, mobile, or social media platforms. Suggest an app for another tangible product or service that does not currently use online, mobile, or social media, along with ways to encourage customer engagement and social sharing.

Q: Describe differences in sales opportunities and production efficiency for varying levels of customer…

A: In a business, sales is associated with the selling of a company's product for final consumption or…

Q: What product do you want to sell?, make a tagline for your chosen product?, who is your market…

A: Tagline refers to the short text or catchphrase that communicates the message of the brand or…

Q: What are the importance of the following medium in promoting products: a) Print Media D) Radio c)…

A: In traditional organizations, there was a selling process being done where the organizations were…

Q: On your own or with a partner, choose one of the following consumer products and think about how it…

A: The theory and practice of bringing something fresh to the business world is known as product…

Q: Explain push-pull boundary for an online product business ? explain with suitable example

A: The push-pull boundary is a concept that refers to the point in a supply chain where the customer…

Q: Customer relationship management (CRM) is a technology for managing all company's relationships and…

A: A customer relationship management (CRM) system is a collection of software programmes used to…

Q: How will you apply the concept of value proposition and unique selling proposition in your…

A: The basis of a company's competitive advantage is its value proposition and USP (Unique Selling…

Q: Identify and explain the marketing management philosophy which implies that products and services…

A: Marketing management is described as the means of finding out the different opportunities that will…

Q: Which term refers to the offering at the heart of an organization's marketing program?

A: the heart of an organization's marketing program is-

Q: Explain how CRM systems contribute to the management of complex customer relationships in B2B…

A: CRM systems play a significant role in managing complex customer relationships in…

Q: summary of the different phases involved in Product Development and Management and highlight how…

A: New product development is the process of inducing an original product idea to the market. They may…

Q: How do you promote your product/service to create an impact, differentiate from competitors and…

A: The aim of product differentiation is to gain a competitive advantage or to distinguish your product…

Q: Marketers are of the view that "Designing a service is difficult from designing a product". Explain…

A: A service can be defined any intangible product or goods that has the capacity of fulfilling the…

Q: example

A: Talking about the product life cycle then, it is the phases that every product goes into after…

Q: Strength of a brand's position in the market is based on its domain, heritage values, assets,…

A: Brand positioning alludes to the conceptual spot the company needs to possess in the objective…

Q: is online channel be more beneficial to the early or advance part of a product's life cycle? Why.

A: Product life cycle has four stages: Introduction Stage: In this stage, company introduces its…

Q: Detail out the customer journey with various stages & explain how Udemy can use marketing automation…

A: Marketing- Marketing is any activity a business engages in to draw a target customer to its goods or…

Q: Choose an example of an ad, brochure, flyer, poster, logo, or some other visual marketing piece and…

A: Marketing is the process to create exchange with customers. It helps the company to build customers…

Q: Discuss the role of after-sales service and support in enhancing consumer satisfaction and loyalty.

A: Introduction:- Marketing only aim to increase the sales of goods or services but also aim to…

Q: LET US APPLY WHAT YOU HAVE LEARNED Pretend that your company has been making and selling one product…

A: The value proposition is the solution offered by the company on the customer's problem. For this,…

Q: Based on a retail store that sells clothing for the age between 8 and 40 years . Construct a…

A: Like any other item, Clothing also has its fashion life cycle. Fashions are temporary recurring…

Q: Briefly introduce your own product (goods or services) And explain why you choose or create that…

A: Healthy You ( Health drink ) It will be a health drink to nourish overall health through its fine…

Q: What form of company has the main goal of meeting a specific need in the community?

A: Tha basic mail goal of the company is maximize the profits and create a social responsibility in the…

Q: The three noise factors most likely to interfere with the successful launch of the new product line…

A: Of the three noise factors stated, the one that is most likely to have the biggest impact on the…

Q: There are services and products involved when buying or renting a car, and in both cases, the…

A: The four ways in which a rental company marketing differs from that of the automobile dealership are…

Q: Describe the various stagesinvolved in developing a newproduct or service

A: A product is an offering of the company to its customers to satisfy their needs and wants and earn…

Product and Service Innovation

Product innovation is the introduction of either a new product or an existing product with significant improvements related to its characteristics. Improvements could be in various specifications and areas such as technical, technological, physical use, software updates, overall size and texture, and so on. For instance, consider the Apple Watch; they release different series every year with significant updates and improvements such as using cellular technology, monitoring your heart rate, acting as your fitness partner, measuring blood oxygen level, and so on. We see the addition of features in every series, and these improvements make them a different product altogether.