Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Think about how these three products compare: the Apple Watch, the Tesla Model 3 and Oculus virtual reality. in your discussion - respond to all

Think about how these three products compare: the Apple Watch, the Tesla Model 3 and Oculus virtual reality. in your discussion - respond to all three questions.

1. Decide where each of these 3 products is on the Product Life Cycle and the Diffusion Curve, utilizing the specific criteria from your text to make that decision. Explain in your post why you believe those are the right choices.

2. Thinking ahead to our Promotion lessons, what level of investment (e.g. low, medium, high) would be appropriate for each of them at the stage you chose?  

3. Lastly, identify four different products in each of those same phases. So four different products - one for each phase - describe why you think it's in this phase

Introduction Growth Maturity Decline S a 1 Product life cycle curve Early Late S Early Innovator Laggard Diffusion curve


 

Introduction Growth Maturity Decline Product S life cycle a curve Early Late Early Innovator Laggard Diffusion curve

Step by Step Solution

3.44 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

Apple watch This is in development period of item life cycle as the cost is kept up and item includes are being improved Aside from this there is likewise solid rivalry in this portion Accordingly it ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Dean Karlan, Jonathan Morduch

1st edition

978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531

More Books

Students also viewed these Marketing questions

Question

2. Be sure to make eye contact with the students.

Answered: 1 week ago