Question
Hi there, I was writing my assignment but I am not getting enough score when I am self assessing on my rubric. I wish to
Hi there, I was writing my assignment but I am not getting enough score when I am self assessing on my rubric. I wish to know how to approach these question. I am looking to see your views to understand how I can expand on my writing draft. if you point ways I can expand to these questions that would be great.
Question 1: (10 marks)
Crowdfunding is not only a profitable and beneficial way of generating funds for the
company but can also be a useful promotion tool. What role do you think crowdfunding has
played in the promotion of Amazfit - X. How does this approach relate to the promotion mix
you studied in this course?
Question 2: (10 marks)
Evaluate the current Pricing Strategy used by Amazfit-X. What do you think might have been
the main considerations in setting the current price for Amazfit-X?
Question 3: (10 marks)
Considering that product characteristics have a considerable influence on adoption rates for
new products, what product characteristics of Amazfit-X will promote or hinder its adoption?
Make recommendation to the company to address the latter.
Question 4: (10 marks)
We covered Roger's Adoption Model in the course (refer to page 148-150 of the textbook or
week 12 revision notes). However, several other theories have been proposed to describe the
process of how new products get accepted in the population. Kaur et al (2010)* provides a
summary of the three main theories of product adoption including Roger's Adoption Model.
Which one of these theories do you believe are most applicable/useful in describing the
adoption process for Amazfit X? Why?
* Innovation Diffusion and Adoption Models: Foundation and Conceptual Framework By
Kamalpreet Kaur & Mandeep Kaur in Management and Labour Studies, Vol. 35 No. 2, May
2010. Available from RMIT Library Online.
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