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Q: What term is defined as one who risked personal loss to develop and market a new product?
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What is the word for a personal loss to develop and market a new product?

You can respond to personal loss by.... please i need the answer!!


How do you develop a new product in the market?

If you have a product no-one else has - market research will identify whether the product is likely to be successful.


Definition of market penetration?

Market penetration is defined as the measure of a product's popularity. This identifies the level of demand for a specific product.


What is target market for any product?

A target market is the market segment which a particular product is marketed to. It is also defined by age, gender/and or socioeconomic grouping.


How do you develop a sales promotion campaign?

Research the market where the product will be promoted and focus specifically on a target group within the area. Then determine if the focus will be personal selling or dispersing advertisements.


Define the term product portfolio?

A product portfolio refers to a collection of all the products or services offered by a company. It includes all the variations of products, their brands, and any associated services. Having a diverse product portfolio enables a company to cater to different market segments and reduce risk by not being overly reliant on a single product.


An example of a new market with an new product?

Gormey cola develop a new product like as Sparko and bon vinant and new market are outside the lahore city


What is meant by an alternative market for a particular product?

It means a market that exists that a product was not originally intended or developed for but have now shown positive needs or wants for that product, or have the ability to develop those needs or wants.


What is the marketing definition of a product map?

The marketing definition of a product map is the strategy that will be employed so as to push a product into the market. This is also defined as perceptual mapping.


What are the product and market situations conductive to the use of personal selling?

tu bata


How does the advertising agency market a product to the consumers?

An advertising company works with the product company to develop a commercial and other promotional ideas to get consumers to want to purchase the product.


What is meant by target market?

Atarget market is the market segment which a particular product is marketed to. It is often defined by age, gender and/or socio-economic grouping. Market Targeting is the process in which intended actual markets are defined, analyzed and evaluated just before the final decision to enter is made.