Product Life Cycle-Timbits Individual Homework Activity You have been tasked to re-position Timbits! Your strategy may...
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Product Life Cycle-Timbits Individual Homework Activity You have been tasked to re-position Timbits! Your strategy may include modifying the product, modifying the market an/or linking the product to a rising trend. You are to provide responses to the following: ● Are you modifying the product? The target market? Apply to an upcoming trend? Who is your target customer demographic? What is your 'point of difference'- reason to buy- unique benefit to consumer? When would you launch the product (month?) What is your distribution method (Place)- where will consumers buy it? Trial location or all? What is your price strategy going to be? What will be your main promotional method (s)? Give it a new name and logo (brand it) Product Life Cycle-Timbits Individual Homework Activity You have been tasked to re-position Timbits! Your strategy may include modifying the product, modifying the market an/or linking the product to a rising trend. You are to provide responses to the following: ● Are you modifying the product? The target market? Apply to an upcoming trend? Who is your target customer demographic? What is your 'point of difference'- reason to buy- unique benefit to consumer? When would you launch the product (month?) What is your distribution method (Place)- where will consumers buy it? Trial location or all? What is your price strategy going to be? What will be your main promotional method (s)? Give it a new name and logo (brand it)
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Answer rating: 100% (QA)
Answer To reposition Timbits we will implement the following strategy 1 Modifying the Product We will introduce a new range of premium Timbits flavors ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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