Suggest products that are feasible to do. What are the pros and cons of it?

Q: Differentiate between value analysis andvendor analysis.

A: To maintain a dominant position in the market, the companies have to maintain the value of their…

Q: Producing a new product of Gardenia. what is the market mix (product). decribe it better. the 2…

A: Marketing mix: The marketing mix refers to the combination of various elements that are used to…

Q: using the opportunities you have identified above, describe: one product development recommendation,…

A: The electric vehicle (EV) market in New Zealand is experiencing a surge in popularity, driven by a…

Q: Develop a Marketing Plan for a new potato chip. 1. Target Market for the Product: Which group of…

A: A target market is basically a segmented group that is most likely to demand a company’s…

Q: what sort of information is needed to fill in the market-product grid and allow the firm to make…

A: Market product grid is also known as Ansoff matrix  that helps in taking the decision regarding the…

Q: What is the difference between certain and uncertain demands?

A: Market Demand refers to the quantity of goods that consumers of a particular market are willing to…

Q: useful

A: Talking about the product differentiation then, it is about creating something new or innovating…

Q: What is the importance of market research in product planning?

A: Product Planning is a significant activity that even the most seasoned product managers often…

Q: Discuss the cost, flexibility, pace, and quality of the make-or-buy decision.

A: Make-or-buy is a decision that a company must make on a regular basis when it comes to internal…

Q: What is the product life cycle of DLSU and explain why?

A: Product life cycle is basically managing the entire life cycle of the product starting from its…

Q: Discuss What is conjoint analysis? Explain its relevance for new product development.

A: Introduction :- Conjoint analysis  in Marketing is a statistical technique used in market research…

Q: What product do you want to produce as a product manager?   Outside of the intrinsic properties of…

A: The role of a product manager is to first understand the customer need. Along with that, a product…

Q: Describe the Product-by-value analysis?

A: Product Value Analysis : It is the examination of an internal process that businesses undertake to…

Q: How does knowing the threats in the market help in the development of the product portfolio?

A: Threats are risks and barriers that can damage a business. Threats obstacles a business in achieving…

Q: think of a possible product that is not existing today that can be useful?

A: There are innumerable products available for a variety of purposes in the modern world. However,…

Q: Discuss the market segmentation for customer market of a product and it's requirements?

A: Market segmentation helps to identify the target customers, and ways by which this can…

Q: How would a business approach a repositioning project to make their company's brand more relevant to…

A: Brand repositioning is a strategic initiative that businesses undertake to realign their brand image…

Q: Give four reasons that might explain why a product isn’t already in the market.

A: One of the reasons a product doesn't reach a market is because there does not exist a demand for the…

Q: When the product is tailored to the consumer's wants and requirements, does it fare better?

A: Product tailoring refers to the process of customizing a product to meet the specific needs,…

Q: What are the conditions that a product undergoes to be effective?

A: Product is a tangible tool which is used by customers to achieve their desired goals. It is created…

Q: EDI's pros and cons should be discussed.

A: Electronic Data Interchange (EDI) is a system that enables the exchange of business documents…

Q: What is the importance of market research in product planning?

A: Concept Introduction : The process of acquiring, logging, and analyzing both qualitative and…

Q: Create innovative market test concept ideas that you can imagine for future product/service…

A: On the other hand, market testing is typically reserved for items whose performance is difficult to…

Q: When should large computer programmes and processes be divided into subsystems? Rational…

A: Large computer programs and processes have become increasingly prevalent in modern business…

Q: Why is it that product lifecycle are declining and what might companies do to counteract this?

A: Similar to the lifecycle of a dwelling being, customer items merchandise undergo key degrees of…

Q: Why might placement decisions for products or services into stages of theproduct life cycle become a…

A: The product lifecycle deciphers several stages between the time it enters the market and exits it.…

Channel Management

Channel management is the process of developing and executing marketing plans and sales strategies to grow your business through third-party channels. This involves working with intermediaries such as distributors, resellers, retailers, and other partners to help you reach new markets and drive sales. It also entails managing these relationships to ensure that everyone works together efficiently and effectively to meet your business goals. If executed well, channel management can be a key driver of your company's growth. It can help you reach new markets, tap into new customer segments, and boost sales.