0
The phrase 'product approach' mostly applies to the world of retail sales. It is when a sales person learns everything there is to know about a product, and can then recite all the features and benefits of the product to potential customers.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is commodity or product approach?
Commodity = needs Product = quality In my POV, the commodity approach merely focuses on the consumers' demands whilst the product approach focuses on bringing consumer demand by creating a product that's of great quality.
What is the GDP flow of product Approach?
the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=
What is product oriented marketing?
Product oriented marketing is a business approach that focuses on the firm's product in trying to garner more market share for a firm. Other approaches include sales and market orientation.
External factors that affect a market-oriented business indirectly?
Product oriented marketing will primarily be focused on the product itself. The marketing will work to convey the product's functionality and appearance. The market oriented approach will focus more on the appeal or social status the product provides.
What is the BCG analysis?
The Boston Consulting Group (BCG) analysis is a model approach used to assess product portfolios. It emphasizes two main criteria in evaluating a firm's product mix: the market growth rate and the product's relative market share.
What is commodity or product approach?
Commodity = needs Product = quality In my POV, the commodity approach merely focuses on the consumers' demands whilst the product approach focuses on bringing consumer demand by creating a product that's of great quality.
Explain the matrix approach to product planning?
Explain the Matrix approach to product planning. Suggest a Marketing strategy on the basis of the product evaluation matrix.
What is the advantages for marketing research?
learn the habits of a certain demographic. how they respond to product. how to approach them with a product.
The difference between the product and process approach to writing?
The product approach is a traditional approach where students work solitary and are encouraged to model a specific format for writing reports and essays. The process approach to writing allows students to express language through brainstorming, classroom discussions, and re-writing.
How do you approach Nike with a new product?
go onto the nike website, and make it on there!!
What is traditional approach income statement?
In traditional approach income statement, overheads are charged to product based on predetermined rate rather then based on actual activity.
What is GNP Gross National Product?
the gross national product means what is the nations product how the nations behave with their country how they develops the product how much is a approach of nations how they sow the feed and how much product develops by the nations its the mean answer of it i hope so
What is product selection?
Selective product advertising is a promotional approach aimed at selective exposure of a product to its definite market through messages that are dependable with the beliefs, attitudes, and expectations of the target customers.
What is the GDP flow of product Approach?
the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=the GDP flow of product approach is calculated by summing up consumption and investments and government and net exports.=GDP= C+ I+ G+ Net exports==where net exports = exports - imports=
What is selective product advertising?
Selective product advertising is a promotional approach aimed at selective exposure of a product to its definite market through messages that are dependable with the beliefs, attitudes, and expectations of the target customers.
How are you going to approach the customers to buy your product again?
I think if we want to the customer buy our product again we make good relationship at first time after that we present about our product to them and we compare our product. With the competitor or compare with other outlet that order some product from our lot of sku and this product is the popular product in area.
What is product oriented marketing?
Product oriented marketing is a business approach that focuses on the firm's product in trying to garner more market share for a firm. Other approaches include sales and market orientation.
