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Who will be using the product and who is the target consumer. Will the product appeal to the consumer and how to change the design of the product that make people want to buy the product.
Who will be using the product and who is the target consumer. Will the product appeal to the consumer and how to change the design of the product that make people want to buy the product.
Various factors to consider when developing new products for international markets are determine whether there is a market for your product, consider a partnership to help with costs, and product adaptation.
When setting the price of products organizations much consider competition. Another aspect the need to consider is the demand for their product.
Innovation is the modification of an existing product or process.
cost nature of the product if its perishable or durable distance
Product
A firm must consider whether they will save money by having someone else produce their products. They must also consider the how much they will make producing another product instead of the product they will outsource.
The factors that determine or affect a product design are as follows:Requirements of targeted customers.Availability and access to necessary production facilities.Type and quality of raw-materials used to produce a product.Cost to price ratio.Policy of quality standards.Availability of plant and machineries.Impact of upcoming product on existing products of the company.Reputation or goodwill of the company.
1. product 2. demand 3. location 4. capital
The product of factors is called the product.The product of prime factors is called the prime factorization.
The caption for a BPL product could be "Enhancing every lifestyle with innovative technology."