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BTEC Assignment Brief - bhs
BTEC Assignment Brief - bhs

... elements of the promotional mix for each business, and the appropriateness of the promotional activities they have chosen, such as:  advertising  personal selling  sales promotion  direct marketing  public relations In the next section of your report the internal and external factors which infl ...
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Product planning

Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set.Product planning serves as the basis for decisions about price, distribution and promotion.Product planning is the process of creating a product idea and following through on it until the product is introduced to the market. Additionally, a small company must have an exit strategy for its product in case the product does not sell. Product planning entails managing the product throughout its life using various marketing strategies, including product extensions or improvements, increased distribution, price changes and promotions.
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