1. How important is understanding the marketplace first before you even plunge in on your target market to introduce your product(s)/service(s)?
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In 200 words or more, answer the following questions.
1. How important is understanding the marketplace first before you even plunge in on your target market to introduce your product(s)/service(s)?
2.What do we mean when we say that businesses should make it a point to give "customer delight"?
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- Reflect on how the concepts in advanced marketing can be applied to real-world situations and can increase your chances to career or life success?Why do we need to understand our customer in order to have a successful product launch?JUST ANSWER THE NUMBER 1. 1. Using your Creative Mind, conceptualize a new product or service. What is the purpose or use of your product or service? Does your product concept appeal to the senses and emotions? Does your product or service have aesthetic appeal? Will it elevate its intended consumers to a new level of self-actualization? 2. Using your Technical Mind, how do you intend to convert this product or service concept into something concrete and real? What technologies and technicalities must you learn? What would be the quality specifications demanded of your product or service? Are the specifications difficult to attain? What would it take to attain them? Given the quality specifications demanded by the intended consumers of your product or service, what are the corresponding technical specifications that you need to attain? Do you need to seek the guidance of experts in the field? Is it possible for you to come up with a prototype of the product or service for testing?3.…
- As a future entrepreneur, picture your product without a brand name, displayed on the shelves of various malls and groceries competing with other products with brand names. How do you think will your product increase in sales? Will the consumer notice it or even remember it? Write answers in 3 sentences or more.Do a search on "Best Websites" and "Worst Websites" or something similar Find two examples, one good and one bad, of web design and marketing targeted to a specific customer set. The best comparisons are when both companies are in the same business. Compare and contrast the two sites by describing the pros and cons of each website in a side by side table format. Tell us what you think is well done for your "good" site and what you would do differently to increase customer attraction to the "bad" site. Provide at least 1 reference from the text book and at least 2 other sources that support your analysis. Provide the URL for the sites you analyzed. Visit the sites analyzed by at least two other classmates and provide a discussion response to their analysis, either in support or disagreement of their analysis. Your response should enhance the discussion by contributing new thoughts.Take a look at the websites for Apple (www.apple.com), Dell (www.dell.com), and Lenovo (www.lenovo.com) and answer the following questions. How are each of these companies appealing to their potential customer? Are they using emotions, facts, comparisons, or other factors? How effective do you believe each of them to be?
- As a marketing consultant, a prospective business man has approach you to advise him on his intention of venturing into the market with a new product. 1. Illustrate to him the potential stages of the market his product needs to survive to be successful on the market.Select a company that predominantly focuses on either B2B or B2C markets. Next, choose a new market for your selected choice. For example, if you selected B2B, describe how customer behavior and the process would differ from marketing to B2C. If you selected B2C, describe how client behavior and the process would vary from marketing to B2B. Describe the challenges you would face in the new process. How would you emphasize value for your new market?if you're selling plus size bra online what ideas you can use or apply to make your business stand out than your competitors? please answer the question. Thank you!
- Hello Can you help me with my business plan?Our product is Clothes and the clothes is made out of raw materials and the majority of our product are for male but we have a product for female also. Can you Create me A Primary Market that Describes the objectives of the product?same as the Secondary market This is the example of our business concept. "To begin with, our products include recycling and refurbishing used items. We want to establish a company that will not frighten customers and competitors. We want to use recycled materials that are no longer useful to people and turn them into trendy outfits. This is a great budget-friendly idea for us because it will reduce the amount of money needed to start this company. This is our first time starting a company, and it's a good place to start to gain experience for something we'd like to try. We have a special way of marketing this that will catch the attention of the people on the streets. We want to promote how we made the…1. Marketing involves, among others, "the delivery of value to consumers." However, the value a consumer places on a particular product or service is subjective. If you are a marketer, how can you increase your customer's assessment of your product/service. Use a product of your choice as an example.Twenty-Nine Production Group wants to launch a new album by one of its artists. The album will be geared toward young adults. The production team is looking for ways to effectively market the album through its life cycle, and it wants your advice. How would you brand, package, and label the product during the intro, growth, maturity, and decline stages of its life cycle?