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Explain why a product might fail in one market but survive in another?
that is because like if you go to walmart people wont by clothes there but if it is in baby phat people well buy it . like it has to be name brand. because people want to fit in with every one else.
Why might a business that is entirely product oriented find it difficult to survive?
It may not be responding to consumer needs. It may be producing a product that is out of date or one that no longer meets the needs of customers. Market-orientated companies will probably take the customers away from the product-orientated companies and they will lose their
How might managers interpret the potential for their product in a market that is large but poor?
slow but study flow
What product market factors might you include in your media plan?
Price Quality Brand name Comppetitors
Anything that can be offered to a market for attention acquisition use or consumption that might satisfy a want need or consumer desire?
product
Explain why a product might fail in one market but survive in another. Provide an example?
maybe the advertisement
Explain why a product might fail in one market but survive in another?
that is because like if you go to walmart people wont by clothes there but if it is in baby phat people well buy it . like it has to be name brand. because people want to fit in with every one else.
Why might a business that is entirely product oriented find it difficult to survive?
It may not be responding to consumer needs. It may be producing a product that is out of date or one that no longer meets the needs of customers. Market-orientated companies will probably take the customers away from the product-orientated companies and they will lose their
Is there a product in the market with LIQUIGLIDE?
There might be -- The issue of using this technology is that the product final might have a coating but its not specified. Manufacturers can use this product and its called by its scientific name not its marketing brand name
Would a porcupine survive if it was token from its habitat?
sometimes it will not survive from another animal because it might bit it
How might managers interpret the potential for their product in a market that is large but poor?
slow but study flow
What product market factors might you include in your media plan?
Price Quality Brand name Comppetitors
Who defines product value traditionally?
The market. You can set a price of dog crap at $100 but the product value is only what people are willing to pay for it. You might value an ipod at $500 and I might value it at $1. Usually the market clearing price is used. AKA where supply meets demand.
What is product line filling?
To add new products to a product line, e.g. if you have a shampoo, you'll add more different shampoos to the product line to increase the market share. This might include that your new product has minor enhancements compared to the existing products (including the products of you competitors). To add new products to a product line, e.g. if you have a shampoo, you'll add more different shampoos to the product line to increase the market share. This might include that your new product has minor enhancements compared to the existing products (including the products of you competitors). "Line filling is the type of product line extension to introduce new version of existing product in the market."
Anything that can be offered to a market for attention acquisition use or consumption that might satisfy a want need or consumer desire?
product
Define market segmentation?
Market segmentation refers to the division of the heterogeneous market into sub-market,each having more homogeneous characteristics. According to Kolter,"Market segmentation is the act of identifying and profiling distinct groups of buyers who might require separate product and for market mix"
What is concern in shipping?
A concern in shipping might include the cost of the fuel required to ship a product from one location to another. Another concern in shipping could be the legal issues of moving a product from one country to another.
