Answered: e) Do you think giving the chocolate…

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

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Transcribed Image Text:e) Do you think giving the chocolate bar a brand name was necessary for its success? Justify your answer. Revision checklist In this chapter you have learned: to identify the four elements of the marketing mix o about the role of product decisions in the marketing mix o what makes a product successful o the costs and benefits of developing a new product owhat is meant by brand image and how this can influence sales and custom loyalty e about the role of packaging o to draw and interpret a product life cycle e about the different stages of the product life cycle and how they can influen marketing decisions e to suggest different ways to extend the product life cycle. DW-test your understanding with the revision questions on the CD-ROM.

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