What are some questions that would be asked about product/service development metrics for a brand's peformance?

Q: Explain in details why firms must introduce new products and how they go about it.

A: ANSWER IS AS BELOW:

Q: Prepare an outline for a presentation you have been requested to give upon the subject of the…

A: Note: The answer has been framed in a generalized manner.Product marketing is similar to a team…

Q: Describe the product life cycle. What are the strengths and limitations of this approach to…

A: The product life cycle is the process a product goes through from when it is first introduced into…

Q: What impact would the new product probably haveon total sales, profits, market share, and return…

A: Profit is the difference between the total cost and the total revenue.  Profit=TR-TC Sales means the…

Q: Discuss the four brand development strategies: Line extension, Brand extension, Multibrands, and New…

A: In this explanation, we'll be discussing four key strategies: Line extension, Brand extension,…

Q: write the Difference between product differentiation and market segmentation.

A: Marketing decisions are related to the decisions made by marketers to accomplish marketing…

Q: how would such costs and benefits be different over the product life cycle"

A: The cost and benefits are different over the product life cycle as:

Q: How do brand alliances contribute to expanding market reach and consumer engagement for…

A: Brand alliances are collaborations between two or more brands; they are also known as brand…

Q: How do the marketers Offer organization-wide commitment in service and after-sales support?

A: Committed customers can be referred to as those customers who steadily become committed to a…

Q: What different strategies do firms use to extend the life cycles of their products throughout the…

A: The product life cycle gives the marketers an understanding of the stages of the product through…

Q: How can strategic partnerships and collaborations enhance brand visibility?

A: A strategic partnership is an alliance of two or more organizations that pools capital, technology,…