Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your task is the following: Based on the reading in the MKTG , 1 3 th Edition text regarding the marketing mix, answer the checklist

Your task is the following:
Based on the reading in the MKTG,13th Edition text regarding the marketing mix, answer the checklist items in a thorough manner for the fictional company Prodserve, Corp new foldable chair that can be carried in one hand and holds up to 300 pounds.
part 1: Apply product elements to make this product complete by thoroughly describing them.
Describe the type of product you selected and include product attributes like quality, features, benefits, style, and design.
Provide a proposed product line (depth) and product mix (the 4 Ps; width) for your good. See Exhibit 10.1 in the text.
Describe the elements of the products branding (i.e., brand name, sponsor, and brand strategy).
Provide a packaging plan and any warranty or copyright involved if applicable.
part 2: Assume Prodserves used a direct channel of distribution (i.e., producer sells directly to the consumer via their website) to sell their products to their customers. They are now considering using intermediaries like agents, wholesalers, and retailers to get their products to their customers.
Discuss at least two (2) different distribution models available for getting the product from the producer to the consumer.
Using scholarly research, explain the advantages and disadvantages of using intermediaries. Provide 23 direct quotes and/or paraphrases from your research, incorporating them into your paper where appropriate in support of your contentions using APA 7th edition in-text citation style. Make sure to add an additional reference page that includes a reference for each article you cited in current APA format.
Considering factors like your brand and target audience, explain what type of retailers would be the best match for your new product and why.
Provide at least one distribution model that would be most effective for the Proservices new product. Explain why it would be most effective.
Provide an original minimum 3-page paper or a minimum of 700 words to address steps 13, with additional title and reference pages using current APA format and citation style.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions