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we have two type of product classification namely 1. durability 2. tangebility

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Q: Discuss the types of product classification considered by a marketer?
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Who is a marketer?

A marketer is a person who uses marketing methods to promote a product.


Describe a consumer product that you think is particularly vulnerable to substitution if you were a marketer for that product what steps must you take to defend your product's position?

television


Why is the consumers field of experience important to a marketer?

Being a marketer it's quite important to know every single node of a consumer. Knowing the pitch and relevancy, a marketer can easily picture out the product / service / what he / she really wants to sell out.


What does a product's position on the goods and services continuum enable a marketer to do?

A product's position on the continuum, in turn, enables marketers to spot opportunities.


Importance of marketing mix to its marketers?

Marketing MIX COMPROMISES of 4p's ,Product- can be defined as the tangible and the physical attributes- such as the weight dimensions and the materials. Its the product which a marketer has to market , so all the marketing strategies are made to ponder a product.PRICE - It is the sum all the values that consumers exchange or the benefits of having or using the product or services. Price is the only element in the marketing mix which produces revenues and plays a vital role in marketing objectives.PLACE- distribution channels make the product available to the end users and help marketers in segmenting a product where it will consumed in an optimum way.PROMOTION- its the way a marketer is able to promote his/her product through advertisements ,promotions,print media and all other factors to make a product known to the customers .All these mixes help a marketer in making critical decisions before and after the launch of a product.

Related questions

Who is a marketer?

A marketer is a person who uses marketing methods to promote a product.


How would you describe the job of new-product-planning marketer?

new-product-planning marketer conceptualizes, researches, and evaluates new ideas. During the evaluation process, the new-product-planning marketer considers both the feasibility of the production of the product and the product's potential profitability.


What do fashion marketer do?

Fashion marketing is a way of pushing product. It works by finding a target market to sell its product to.


Describe a consumer product that you think is particularly vulnerable to substitution if you were a marketer for that product what steps must you take to defend your product's position?

television


Why is the consumers field of experience important to a marketer?

Being a marketer it's quite important to know every single node of a consumer. Knowing the pitch and relevancy, a marketer can easily picture out the product / service / what he / she really wants to sell out.


What does a product's position on the goods and services continuum enable a marketer to do?

A product's position on the continuum, in turn, enables marketers to spot opportunities.


What is the work of a marketer?

A marketer is some one who is in position to best tell people about, lets say anew product on the market , existence of some services to the ignorant consumers still a marketer paves a way for the company by reaching out to potential customers around .


What are the situations in which a marketer may increase and decrease prices?

Prices are mostly based on the laws of supply and demand. If a product is very popular and there is a low supply, the marketer would probably raise the price.


Including information in a new product that has already been classified is called?

Carry on classification


What is Expected Product?

expected product is fundamentel thought in profitability , and is one of the important views in probablity.this is third level at which the marketer tries to give the product a set of attributes and conditions that buyers normally expect when they purchase this product.


What are the factors that influence marketer's pricing strategies?

How much does it take to produce the product? What kind of profit margin is there? How do we want to position the product in the marketplace? Bargain? Value? Premium?


What is the classification of the product of two rational numbers?

rational