MARKETING >CUSTOM< (PB)
MARKETING >CUSTOM< (PB)
19th Edition
ISBN: 9781307525557
Author: Kerin
Publisher: MCGRAW-HILL HIGHER EDUCATION
bartleby

Concept explainers

Question
Book Icon
Chapter 10, Problem 4VC
Summary Introduction

Case summary:

Company GP is a manufacturer of the action cameras and the software that is utilized for video editing. The product line of the of the company includes various cameras, apparels, mounts, a drone, and a 360 degree six camera array that is sold through numerous retailers like Retailer BB, Retailer R, Retailer T, and on the website of Company GP. The founder of the company is Person NW was inspired from his interest on taking photos and his passion towards surfing.

Characters in the case:

  • Company GP
  • Person NW
  • Retailer BB
  • Retailer R
  • Retailer T

Introduction:

A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs. A company gets new products in two ways. One is acquisition and another one is developing a new product.

To determine: The eight reason for the failure of the new product that Company GP avoid to make sure the success of their products

Blurred answer
Students have asked these similar questions
As we progress through time and space, the majority of the world's major health issues still seem to linger. Cancer, infections, and Alzheimer's, to name a few, are leading causes to illness and even death in society everywhere you go. My company's product, Magic Methylene Blue, is a dye that has been used throughout history for a variety of scientific applications. The significant influences on the buyers Magic Methylene Blue are the health benefits that it comes with. Unfortunately, this product is not widely known or widely used at this point in time. My aim would be to educate my buyers and provide ample information providing research behind the health benefits Magic Methylene Blue has. The major environmental forces that affect the buyers Magic Methylene Blue includes the environment, pollution levels, and diet. Since just about anyone can benefit from this product, my aim is to promote Magic Methylene Blue as a natural remedy for anyone in need. Since Magic Methylene Blue has a…
JTee-ism's LLC exists to empower individuals and organizations to express their unique identities through customizable, eco-friendly T-shirts. Our product meets the growing demand for personalization and sustainability in today’s market, providing customers with a creative outlet and a platform to share their stories. Our customizable T-shirts align with JTee-ism’s mission of fostering creativity and promoting sustainability. By offering high-quality, artistic designs made from eco-conscious materials, we fulfill our goal of delivering value to customers while supporting environmentally responsible practices. This approach also strengthens our connection with socially conscious consumers. JTee-ism's LLC differentiates itself by providing a collaborative design process, allowing customers to co-create personalized apparel. Unlike competitors, we emphasize sustainability through our use of eco-friendly materials and prioritize community engagement with local partnerships and events. This…
JTee-ism's LLC exists to empower individuals and organizations to express their unique identities through customizable, eco-friendly T-shirts. Our product meets the growing demand for personalization and sustainability in today’s market, providing customers with a creative outlet and a platform to share their stories. Our customizable T-shirts align with JTee-ism’s mission of fostering creativity and promoting sustainability. By offering high-quality, artistic designs made from eco-conscious materials, we fulfill our goal of delivering value to customers while supporting environmentally responsible practices. This approach also strengthens our connection with socially conscious consumers. JTee-ism's LLC differentiates itself by providing a collaborative design process, allowing customers to co-create personalized apparel. Unlike competitors, we emphasize sustainability through our use of eco-friendly materials and prioritize community engagement with local partnerships and events. This…
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage