Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
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Chapter P4, Problem 1QCT
Summary Introduction

Case summary:

Food network product mix serves as a range of famous shows that appeal to the viewers those who love food. Many cooking and competition shows are developed to inspire and entertain the viewers. The main challenge for the marketer is to move to the next level that is from television to wherever customers are in everyday lives. The best option selected by the marketers is social media, which customers use it on the regular basis.

Social media helped the marketers to know the taste and preference of the customers. This helped the marketers to get the feedback from the viewers so that the marketers can improve their design and style in their cooking.

To discuss: The way Person X would define food network’s product mix in terms of depth, width, and length.

Expert Solution & Answer
Check Mark

Explanation of Solution

According to Person X, comparing to the main network stations such as Station C, Station A, and Station N food network’s product mix is said to be narrow. The network mainly focuses on cooking and food related shows, other than television news and entertainment. Still, the depth and length are probably better than the 3 major networks as all the shows are related to the particular theme.

Competition shows, celebrity shows, and cooking shows are the examples of product mix length. The particular titles like chopped and impossible are the examples of product mix depth. The different product line carried by the company is the product mix width. For example, the company follows the various styles and designs to prepare food.

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I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.
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The most common product I purchase would have to be organic foods from the grocery store. Although these foods are from different producers, I feel as though most if not all utilize marking skimming as their marketing strategy for pricing their goods. Many organic foods are priced much higher than the average food product, usually doubling in cost, if not more. I have yet to find an organic food product that was the same price or cheaper than your typical comparable food item at the store. With the use of market skimming, organic food companies are focused on selling to buyers who value their product and recognize that a quality product or food source comes with a price. People who prefer to eat organic foods are typically inclined to pay whatever price that product comes with, since finding organic foods can be challenging to begin with. Since there are not as many organic food producers as there are non-organic food producers, target consumers have no choice but to purchase whatever…

Chapter P4 Solutions

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