Pick your favorite product—for instance, a bakery that you visit, a car that you drive, or a local band that you love. Analyze the features of the product and the benefits associated with each feature Now develop five more product features that would offer you, as a customer, meaningful benefits. Think big! Why aren’t these features currently part of the product?
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Pick your favorite product—for instance, a bakery that you visit, a car that you drive, or a local band that you love.
Analyze the features of the product and the benefits associated with each feature
Now develop five more product features that would offer you, as a customer, meaningful benefits. Think big! Why aren’t these features currently part of the product?
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- Put yourself in the position of an entrepreneur who is developing a newproduct to introduce into the market. Briefly describe the product andeach component of its value proposition.Creative Homework/Short Project Your company has developed a new high-end hand cream, designed to noticeably soften hands and reduce the appearance of age spots and scars when used daily. Using the hierarchy of effects, develop communications objec- tives for your product for consumers who may be at each stage in the hierarchy. Make sure your objectives are specific.Please help.
- Choose an engineering product/services that you want to promote and create a short paragraph of advertisement to convince the consumers that this product is worth to investAssume that you are working in the marketing department of a major manufacturer of athletic shoes. Your firm is introducing a new product, a line of disposable sports clothing. That’s right—wear it once and toss it! You wonder if it would be better to market the line of clothing with a new brand name or use the family brand name that has already gained popularity with your existing products. Make a list of the advantages and disadvantages of each strategy. Develop your recommendation.Are customer satisfaction, loyalty, empowerment, and price. Make a journal entry that explains why you are loyal to some product or service offerings and not to others. How does your relationship with these products (the ones to which you are loyal) change over time? Have you ever been dissatisfied with a product or service to which you are loyal? How did you resolve your dissatisfaction?' Do include at least ONE (1) real-life example to discuss brand loyalty and your experience when confronted with dissatisfaction with the product. Remember to begin your discussion with some academic reference(s) before getting into the application. Also, reflect on what you have learned in this final week.
- Select a single brand practice - e.g., recruitment, on-boarding (induction), training, reward, and recognition - and describe how you can better bring the brand to life through this. How might the change you propose better get people to understand and accept the brand, become advocates, and/or ensure that people's actions better deliver on the brand promise going forward?Give one example of each types of products 1. Idea 2. Place 3. Personality 4. OrganizationTwenty-Nine Production Group wants to launch a new album by one of its artists. The album will be geared toward young adults. The production team is looking for ways to effectively market the album through its life cycle, and it wants your advice. How would you brand, package, and label the product during the intro, growth, maturity, and decline stages of its life cycle?
- Describe an example of a new product or service that is targeted at thecollege-student market. Using the concept-testing discussion in thechapter, describe how you would conduct a concept test for this productor service.1) Select a company that brands their emplyment in a positive way (Kwik Trip, for example). What actions do they take to create this image? What does it mean, to you, to work for the company you selected? ~or~ 2) Select a company that does a poor job branding their employment ("burger flipping" at McDonalds, for example). Where do they fall short? What are 2-3 actions they could take to improve their imaging? Discussion Board Expectations 250-300 words to justify your answers / responses3