Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Choose one of the following product categories, then propose a way to differentiate and position the offering so that it will appeal to a specific
Choose one of the following product categories, then propose a way to differentiate and position the offering so that it will appeal to a specific target market:
A pencil
A bicycle
A hotel
NOTE: You may differentiate your offering in any way you wishcore product, addedvalue services, personnel, delivery channels, store atmosphere, imagebut be specific about the basis for your differentiation.
When describing how you would position the product, be clear about a who your target customers are, b the main alternatives they are likely to consider, c the distinctive value your product provides, and d the evidence you would provide to support your claims Your product should be feasible to manufactureoffer and have genuine business potential.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started