Question
B2B and Tracking Tag for age 0-10 in U.S Introduction Includes name of product/service Describes product features (what the product/service is) Describes benefits to customers
B2B and Tracking Tag for age 0-10 in U.S
Introduction Includes name of product/service Describes product features (what the product/service is) Describes benefits to customers (what the product/service does) |
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Situational Analysis Identify top competitors and discuss their strengths and weaknesses Why will this product succeed? |
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Target Market Identify the target market Who are your customers? Demographics? Psychographics? Geography / Behavioral characteristics? What evaluative criteria will customers use in purchasing the product? How involved are they in the purchase? |
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Positioning How would the product/service to be perceived by customers relative to competition? |
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Product Strategy Branding: (e.g. packaging, brand name, logo, special services offered) Product life cycle strategies: Product lines / brand extensions |
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Promotion Strategy Describe promotion campaign in terms of: Media habits of target audiencereader, viewer, listener profiles; Communication goals; Message; Media plan; Use of social media to engage customers |
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Price Strategy Pricing Objective Introductory pricing strategy: price penetration versus price skimming Pricing tactics |
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Distribution Strategy Different channels to distribute products/service Use of technology in the distribution strategy ______________________________________________________________________________________________________
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