Take five products/brands, write down the reasons of their failure.

Q: Select a strong brand of your choice and explain reasons?

A: A strong brand indicates how much a brand is recognizable among the masses. A brand helps in…

Q: Describe how to create a brand, brand equity and setting product strategy for market offering?

A: A brand can be in the form of a specific name, particular design or a certain term which makes it…

Q: Compare any two brands with respect to below the line strategies adopted by them. Brands can be from…

A: Ans. Clothes and marketing advertising or marketing strategy where products are promoted to specific…

Q: What brands do you hate and why

A: The brands or any product or goods are something which every person has a different preference,…

Q: Discuss the importance of brand, and why it is important for both customers and business firm?

A: Marketing performs all activities which is required to contribute into product awareness and…

Q: List the key characteristic distinguishing business products from consumer products?

A: Some different organizations and industries are active these days. Some different products and…

Q: Citing specific examples, how has branding helped you as a consumer? Think about the assurance you…

A: Differentiation means providing unique features or something that is not already there in the market…

Q: What is Product Modifier in The Walt Disney Company ( full answer + examples please)

A: About the Walt Disney Company The mission of The Walt Disney Company is to give entertainment,…

Q: Illustrate Product Market fit by explaining the bottom 3 layers of Qualara

A: Dan Olsen coined the term and created the pyramid of "Product Market Fit". The term "word-of-mouth"…

Q: Marketing strategies vary at different stages of the product life cycle. Determine which stage of…

A: Like business go through the stages, same product or service also. The Product and service's life…

Q: Choose one company for your product and describe its history and at least three unique…

A: Sustaining and thriving in a market requires a lot if effort and hardwork from the organization and…

Q: How does the AMA define a “brand"? Of the objectives that a good brand hopes to achieve, which one…

A: Powerful marking permits organizations to separate themselves from their opposition and lay out a…

Q: Define generic products?

A: A business may offer variety of products which are tangible in its nature such as it could be…

Q: difference between brand identity and brand position?

A: Brand equity is the perceived value of a business or its product based on the reputation among…

Q: How do convenience products and shopping productsdiffer? What are the distinguishing characteristics…

A: Consumer products are those in which the end user is the consumer and is produced based on the needs…

Q: Examine and compare one of the following product sets. Base your comparison on such factorsas…

A: Brick and mortar shops responded to the digital market by combining the internet with their in-store…

Q: Give two examples of popular products with very clear benefits.

A: There are a lot of products but we need to know the exact benefits that we can get from it. What are…

Q: What is category management, and what role does it play inthe success of a product line?

A: Management means managing or controlling the daily activities or group of people.  It is a process…

Q: What factors could cause customer commitment to our brand or firm?

A: A brand is regarded marketing strategy that help in differentiation purpose for the product. It…

Q: Identify one product you believe to occupy each stage of the life cycle of a product and provide…

A: An item life cycle is a period from an item initially being acquainted with buyers until it is…

Q: Name the four choices a company has when it comes to developing brands?

A: Brand can be defined as a specific logo, design, name or symbol which helps the companies to…

Q: Choose two brands and identify how the following brands practice relationships marketing. Bench,…

A: Customer relationship management is the process of creating and maintaining a relationship with the…

Q: Design a brand extension plan for any Brand of your choice in the light of Ansoff’s growth/share…

A: The Ansoff matrix is a marketing tool used by companies to analyze and plan their growth strategies.…

Q: What is meant by a brand name?

A: A brand name is a corporate name or domain name that allows the public to identify and distinguish…

Q: Explain the opportunities for the branding of specialty products. Explore consumers’ views regarding…

A: Specialty products are those products which are very special in nature and considered valuable…

Q: your own product using the Five (5) Product Levels by Kotler.

A: ​Five Levels of Product are 1. Core Benefit: the need or need that individuals need to fulfil by…

Q: Discuss the factors that could contribute to the failure of your product. How will you define…

A: Every company will create services and products to solve the problems of consumers. If the product…

Q: Describe the concept of brand equity. Think of a company (besides NIKE and coca-cola) that has…

A: Below mentioned are the various reasons why understanding consumer perception is important: 1.…

Q: Discuss the three levels of a product by using the HAMARVIK mattress as an example.

A: The levels of the product are classified as the levels on the basis of the functionality of the…

Q: Why consumer confidence is an important element in the success of a branded product?

A: Consumer confidence is a statistical measure that captures consumers' perspectives on current and…

Q: Could you please explain the brand portfolio by using the Coca-Cola company as an example?

A: The Brand Portfolio is an umbrella term that describes how all of a company's brands or brand lines…

Q: Define Business products?

A: business product unit the product and services that people would like to buy to furnish their homes…

Q: Think of three car brands or specific models. How are theseproducts positioned in your mind? What…

A: Brand positioning refers to the impacts that a particular brand leaves in the minds of consumers. It…

Q: What do you understand by the term 'product life cycle'? Illustrate your answer using an example of…

A: The product life cycle is the process that a product passes through from the time it is initially…

Q: Find a recent brand extension that you feel will besuccessful and one that you feel will fail.…

A: A brand extension can be described as a marketing strategy in which a company decided to launch its…

Q: Complete the table below by supplying it with products that you consider similar. Write the product…

A: A product can be defined as any tangible thing that has the ability to satisfy needs and wants of a…

Product and Service Innovation

Product innovation is the introduction of either a new product or an existing product with significant improvements related to its characteristics. Improvements could be in various specifications and areas such as technical, technological, physical use, software updates, overall size and texture, and so on. For instance, consider the Apple Watch; they release different series every year with significant updates and improvements such as using cellular technology, monitoring your heart rate, acting as your fitness partner, measuring blood oxygen level, and so on. We see the addition of features in every series, and these improvements make them a different product altogether.