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What is the major channel strategy decisions?
Two decisions that you would have to make when it comes to your channel strategy is the length and width of your channeling.Channel length: it is the number of different types and levels of intermediaries used in your channel strategy (i.e. wholesalers, retailers, pharmacies, etc)Channel width: it is the extent to which your channel covers the market either by distributing your product through the greatest number of intermediaries or to only oneIntensive Distribution: this strategy would be where you have the greatest number of intermediaries carry your product (all wholesalers and retailers that are willing to stock and sell your product)Selective Distribution: this strategy is where you distribute your product using a fewer amount of intermediariesExclusive distribution: this strategy is when you selling your product through only a single outlet typically only in one region
Major strategies used for pricing imitative and new products?
major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low
What is the scope and nature of marketing strategy?
The scope and nature of a marketing strategy refers to the approach a marketing team uses. The nature refers to the way in which marketing is accomplished and the scope refers to the size and strategy used.
What are the major factors affecting the pricing strategy of firms?
Product pricing may depend heavily on the productivity of a manufacturing facility (e.g., how much can be produced within a certain period of time). The marketer knows that increasing productivity can reduce the cost of producing each product and thus allow the marketer to potentially lower the product's price. However, increasing productivity might require large changes at the manufacturing facility that will take time and money and will not translate into lower price products for a considerable period of time.
Major stages in new-product development process?
I would recommend you should read the below-mentioned blog for the best guidance and implementation. However, there are 10 main stages that you should keep in mind Idea Generation Idea screening Concept Testing Product Prototype External Refinement and Testing (Beta Test) Perfect the Design and Prepare for Production Prepare for Potential Issues and Solutions Commercialization Post Launch Activities Review the Performance of New Product
Describe the major factors you will consider in the design strategy of that?
In designing the strategy, major factors to consider include understanding the target audience's needs and preferences, ensuring functionality and usability, and aligning with brand identity. Additionally, incorporating sustainability and cost-effectiveness will be crucial to ensure long-term viability. Lastly, leveraging technology and innovation can enhance user experience and differentiate the design in the market.
The three major subdivisions of the product decision are?
The three major subdivisions of the product decision are product design, product features, and product branding. Product design involves the aesthetics and functionality of the product, product features are the specific characteristics or functionalities the product offers, and product branding focuses on the image and perception of the product in the market.
What is product invention strategy?
A new product, or a major improvement to an existing product, is called an invention.An invention strategy is a summary of your idea that tells the world what it is, why they need it and how your invention is superior to other products.
What are the 7 major categories of the design world?
The seven major categories of the design world are graphic design, web design, product design, interior design, fashion design, industrial design, and architecture. Each category involves creating visual or functional solutions to meet specific needs or desires.
What are the three major components of a product?
The three major components of a product are its features, design, and quality. Features refer to the specific attributes and functionalities that fulfill customer needs. Design encompasses the aesthetics and usability of the product, influencing how it is perceived and interacted with. Quality relates to the durability and performance, ensuring the product meets or exceeds customer expectations.
what is meant by robust, modular and computer aided design (CAD)?
Location strategy is one of the important key decisions in operations management. What are the major factors that firms consider when choosing a country in which to locate? What is factor rating method and how it supports location decision?
What is meant by Project are key building blocks in design and execution of corporate strategy?
Projects are the tools for implementing and achieving the major goals of an organization.
What are the major categories of the Sustainment Chart?
Product Support Strategy Sustainment Schedule Metric Data Operation and Support (O&S) Data
What is the major channel strategy decisions?
Two decisions that you would have to make when it comes to your channel strategy is the length and width of your channeling.Channel length: it is the number of different types and levels of intermediaries used in your channel strategy (i.e. wholesalers, retailers, pharmacies, etc)Channel width: it is the extent to which your channel covers the market either by distributing your product through the greatest number of intermediaries or to only oneIntensive Distribution: this strategy would be where you have the greatest number of intermediaries carry your product (all wholesalers and retailers that are willing to stock and sell your product)Selective Distribution: this strategy is where you distribute your product using a fewer amount of intermediariesExclusive distribution: this strategy is when you selling your product through only a single outlet typically only in one region
Explain the major patterns and drivers of strategy development with Tanzanian organization.?
drivers and patterns of strategy development in tanzania organization is 1. the allocation of resorses 2. good utilization of capital 3. quality contol system in product and srvices
How do you determine the major product on stereo-selective addition reactions?
Stereo-selective addition reactions commonly yield Diastereomers. The major product will result in the one with less steric tension. That is, if a product with two *C is made from a reactant which had 1 *C, then the erythro form would be its major form; electron-rich substituents are more stabilized.
Major strategies used for pricing imitative and new products?
major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low
