How can Nestle can maintain their company on top in providing healthy products considering there are other competitors offering the same products at a cheaper price?
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How can Nestle can maintain their company on top in providing healthy products considering there are other competitors offering the same products at a cheaper price?
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- What value does a minimalistic handbag offer to consumers that makes it unique or superior to other similar products on the market, and that is it likely to make it successful?Select a product you are familiar with. Do research about that product. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?Consider the scenario of a consumer purchasing a new vehicle. They have access to reasonable vehicle financing, so there are many options available to them. They’re buying the vehicle as a family car for their family of five. Discuss how 3 individual factors might be relevant to their purchasing decision. Discuss how 3 group factors might be relevant to their purchasing decision.
- How does the price of the product compare to the prices of similar products in the category?In order for a market to exisit, there must be a need for a product, ability to pay, willing to buy, authority to buy, and be a group large enough to result in a profit. Without these, you do not have a viable market. What are some things a person can do to prevent not having a viable market?In a business, how does consumers provide value to a product or service?
- What will be the consequences if consumer acts in the market according to Myopia and ignore its neccessary products?Support your answer by Practical Example.Select a product you are familiar with. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product?It is not necessarily true that all new products benefit consumers or society. What are some new products that have made our lives better? What are some new products that have actually been harmful to consumers or to society? (Name two product for each category, and explain why you selected these products.) Should there be a way to monitor or “police” new products that are introduced to the marketplace?