Q: What is product knowledge in sales and why is it important?
A: Product Knowledge: Product knowledge is defined as having a complete knowledge of the Product in…
Q: What does a consumer solution entail, and how does it relate to sales?
A: The cost of producing something or providing services to the targeted customers is the amount of…
Q: Would current customers benefit from the product?
A: Business analysis is a test to evaluate a new-product idea, usually before any prototype has been…
Q: What factors lead to satisfaction with our product?
A: Customer or consumer is anyone who purchases a product or avails a service from the…
Q: Do potential customers differ in their loyalty to existing products or brands?
A: The main difference between these two loyalty types is that customer loyalty revolves around…
Q: What are the classes of consumer products?
A: Consumer goods, often finished products, are purchased by people or families for consumption. In…
Q: How marketing strategies change during a product’s life cycle?
A: Answer: Just like the different phases of a living being's life, a product also go through certain…
Q: What are three of your favorite brands? Why?
A: My three favourite brands are: 1. Apple: Apple is a brand that I admire. Because I enjoy elegance…
Q: With reference to the 4.0 and MarTech technologies, to what extent technology influences the…
A: Ans. Introduction Henry walker (1880's) was a butcher as expertly. He had a place in a town in…
Q: What are the potential drawbacks of creating separate products and marketing programs for each…
A: Marketing refers to the process of creating awareness of the products and services an organization…
Q: What is the range of the target market?
A: Ans. Introduction With regards to marketing your business, everything revolves around characterizing…
Q: What is test marketing?
A: In this method, products are sold under the actual market conditions for a definite period. The aim…
Q: Why is social integration important for brand management?
A: *Introduction - Before Trying to understand how social integration is important for brand management…
Q: Where are sales for my product category and brandstrongest and weakest?
A: Marketing research is to develop products that are desired by the target market(s) identified as…
Q: What is a product? How do consumer products differ from industrial products?
A: A product can be physical or virtual. Physical products incorporate strong products (like vehicles,…
Q: . What are the four types of consumer products?
A: The goods that have been finally produced i.e. ready for consumption, sold to the consumers are…
Q: What benefits will your product provide to the customer? How will these benefits play a role in…
A: The marketer desires to communicate with their customer using multi-channels and a better…
Q: What are the potential risks if the marketing mix is not considered?
A: Risks are present everywhere. Some of the risks can be predicted and can be avoided. But some risks…
Q: what is the marketing plan for plaster of walls and floor?
A: Marketing Planning Process can be defined as the process of formulation of strategies to promote the…
Q: How does Marketing strategy vary according to the level of involvement associated with the product?
A: A marketing strategy is the strategy plotted by the marketers to achieve some marketing goals. These…
Q: Why are there still so many unsuccessful products despite the implementation of marketing concept?
A: There are still so many unsuccessful products despite the implementation of marketing concept. The…
Q: Describe the brand sponsorship options available to marketers and provide an example of each?
A: There are four kinds of brand sponsorships options available for the marketers. These are given…
Q: What is the importance of product value in marketing?
A: Marketing can be defined as a field of business studies which deals with how a company makes its…
Q: Discuss several total products that are more than their direct features?
A: Total products are a term that refers to a product's or service's package of services; customers use…
Q: What is role of internet and mobile technology in product sales and promotion
A: Sales of the product is to convince the prospect to make a purchase of their product or service. It…
Q: How can you overcome marketing myopia? What is a purpose brand? What should you do to establish a…
A: How can you overcome marketing myopia? Myopia is characterised as a lack of intellectual insight or…
Q: How do consumer products differ from industrial products?
A: Products are offerings of the company for the customers in order to fulfill their needs. A product…
Q: what is The new product process
A: The new product process in the development of the product or services from generating the idea to…
Q: Suppose you are launching a new product(Medicine), generic name is Pentoprazole. What are the…
A: An effective marketing strategy is required for the launch of every product. It is further required…
Q: What is the role of product planning in marketing?
A: Introduction : Product planning involves gathering ideas for new products, thoroughly vetting them,…
Q: Would a consumer products manufacturer ever want to create more product extensions and variations…
A: Any variation in changing business lines is imperative for growth and future survivability of the…
Q: What is a new product? Why is understanding new products so important to marketers? What are the…
A: New products are products that have never been made or sold before that have been taken to the…
Q: Identify three ways of how to promote your own personal brand?
A: There are various ways to promote personal brand.
What are the stages in the life of a product? What is the significance of knowing these stages in terms of marketing effort?
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- What are the advantages and disadvantages of attempting to reposition a product in the mind of customers ?Marketing strategies vary at different stages of the product life cycle. Determine which stage of the product life cycle your organization’s product is in. What market characteristics lead to your determination? Explain. What recommendations should the organization consider based on your analysis?should a marketing plan be created for each and every product under a single brand or should the marketing plan be for the brand itself? Explain.
- How does the customer perceive the product?What is product knowledge in sales and why is it important?What is the Brand Loyalty in marketing? How to build Brand Loyalty? Why Brand Loyalty in marketing is so important? What are the most important elements of the Brand Loyalty? What is the relationship between Brand Loyalty and the consumers?
- Choose a consumer product with which you are familiar and explain its branding strategy. What is the brand’s personality? What does the company do to differentiate the brand in its market? Explain if the brand has been or could be expanded.Would a consumer products manufacturer ever want to create more product extensions and variations than it could explain in terms of pure market appeal? Why or why not?