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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)

Situational Analysis

Identify top competitors and discuss their strengths and weaknesses

Why will this product succeed?

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?

Positioning

How would the product/service to be perceived by customers relative to competition?

Product Strategy

Branding: (e.g. packaging, brand name, logo, special services offered)

Product life cycle strategies: Product lines / brand extensions

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

Price Strategy

Pricing Objective

Introductory pricing strategy: price penetration versus price skimming

Pricing tactics

Distribution Strategy

Different channels to distribute products/service

Use of technology in the distribution strategy

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