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- Give four reasons that might explain why a product isn’t already in the market.Describe one product with it is elements of marketing which are design, features, brand name,service, price, discount, promotion, advertising, payment, location, and transportation .Different stages of product life cycle require different combination of promotional mix”. Discuss the best combination of promotional mix for a newly opened hairdresser in Westfield Liverpool.
- Discuss the extendibility of any two brands of your choice and state why how introduction of new categories will benefit the parent brand.Why is packaging part of marketing? How does it enhance the product?Give one example of a particular product for introduction stage (from Product Life Cycle) and make an explanation why such product is classified in that particular stage.