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The product is called absolute product when the product is up to the requirements of the customers.
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∙ 12y ago
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Why product fail in the market?
Their can be many reasons why a product has failed on/in the market place ... Some reasons but not limited to the product being obsolete, over pricing, poorly manufacturing , poor product placement or the product is harmful to people and the environment ...
How does a product life cycle effect the production?
As there are many stages of a product life cycle the production varies greatly. During the introduction stage production is low as the demand for the product is low and the producer does not want to be left with surplus as demand might alter. In growth the production rapidly increases as more is being demanded. the laws of demand cause supply to increase in order for the producer to maximize profits. In the Maturity stage the production levels off and does not increase much as the demand has reached its peak and no more is being demanded. This is due to the product becoming obsolete or unfashionable. In the Decline stage, the production decreases as less is being demanded therefore the producer will make less of the product as they do not want to be left with surplus as demand is now negative.
Are traditional salespersons jobs becoming obsolete?
Salesperson jobs are not obsolete. Although the internet is a big draw and a lot of people go there to buy items there are still a lot of things people prefer to buy in stores and see and feel before they make their purchases.
Is product management the same as product marketing?
No, they are not. Product marketing is the sales of a product. Product management includes marketing, production, manufacturing, distribution and sales.
How does marketing add value to a product?
Product has 3 parts which is core product, total product and amendment product and marketers add value to total product. Core product comes from manufacturer which is nothing to do with marketing and amendment product means warranty. how do they add vale to total product? it can be packaging, advertising, designing for changing customer behavior.
What is a bakemeat?
A bakemeat is an obsolete term for any form of baked product, such as a pie.
Why product fail in the market?
Their can be many reasons why a product has failed on/in the market place ... Some reasons but not limited to the product being obsolete, over pricing, poorly manufacturing , poor product placement or the product is harmful to people and the environment ...
What reason would a company sell a product for less than cost?
One reason is that it's old, obsolete product and they're merely trying to dispose of it.
How will you react to competitor challenges such as under pricing or new products that make yours obsolete?
Redefine your product and its purpose
What part of speech is the word obsolete in the sentence The room is obsolete?
Obsolete is an adjective.
What is the abbreviation for obsolete?
OB is the abbreviation for obsolete.
How you use obsolete in a sentence?
dinosaurs are obsolete.
What is a synonym for no longer pertinent?
Obsolete
Is it being made obsolete or being obsoleted?
obsolete
Sentence with the word obsolete?
Card readers are obsolete.
How was plate armor rendered obsolete?
it was obsolete by the invention of the gun
How did warriors become obsolete?
Warriors are not, nor likely to be, obsolete.
