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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 ...
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∙ 13y ago
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What happen if business firms fail to market the product?
Company will sufer for growth,lack income and fold up.product presentation will not be known by the poblic and other organisationns.bro Israel
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
What are the Disadvantages Of Product Oriented Marketing?
Product orientated companies fail to provide value to the consumer. They design a product and market it to a vast majority of people without telling them why they want it. The company creates the product and attempts to market it with their costs in mind, not the customer's. The product is made and designed as economically as possible to maximize profit. This is usually done by a company trying to sell a product by the price such as "soap" or "toothpaste". These companies eventually fail as they pose no value to their customers. Who would buy "soap" when you can by a bar that "cleans and keeps moisture in your skin"? Are they not the same thing, just positioned differently? Think about it next time you buy Dove and not the boring store brand.
Give an example of marketing myopia in market?
== == A company wants to sell and market to their segment audience and tries to get them to buy their product through marketing practices but fail to make the audience realize how that product is going to improve their lives or businesses by purchasing it.It is a shortterm approach to marketing and lacks long term vision
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
Explain why a product might fail in one market but survive in another. Provide an example?
maybe the advertisement
What is an example of a product market?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
What happen if business firms fail to market the product?
Company will sufer for growth,lack income and fold up.product presentation will not be known by the poblic and other organisationns.bro Israel
What is an example of a product?
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
Why is it important to analyze the marketplace when creating a new business?
The demand and need for the product you are going to market depends on how good is your analysis of the market trends about your product. If you do not research thoroughly your business may fail and you will lose lot of money. On the other hand if your research finds there is lot of need for your products then your business will be successful
What is a market pull product?
A market pull product is basically a product the serves a purpose for other products.
What are the Disadvantages Of Product Oriented Marketing?
Product orientated companies fail to provide value to the consumer. They design a product and market it to a vast majority of people without telling them why they want it. The company creates the product and attempts to market it with their costs in mind, not the customer's. The product is made and designed as economically as possible to maximize profit. This is usually done by a company trying to sell a product by the price such as "soap" or "toothpaste". These companies eventually fail as they pose no value to their customers. Who would buy "soap" when you can by a bar that "cleans and keeps moisture in your skin"? Are they not the same thing, just positioned differently? Think about it next time you buy Dove and not the boring store brand.
How would you introduce a product?
First you have to advertise about the product in the market what you have, then you can release it in the market
What is the difference between factor and product market?
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.?
Yes. As long as a manufacturer does not try to control the market for a product it is okay for the manufacturer to design market and sell a product.
Give an example of marketing myopia in market?
== == A company wants to sell and market to their segment audience and tries to get them to buy their product through marketing practices but fail to make the audience realize how that product is going to improve their lives or businesses by purchasing it.It is a shortterm approach to marketing and lacks long term vision
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
