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Chapter 12 Dimensions of Marketing Strategy
Chapter 12 Dimensions of Marketing Strategy

... for a new product called Superbag. The Superbag will be designed such that all needs of an adventure enthusiast—tents, sleeping bags, tools, batteries, and shoes etc.—will be provided in an extremely lightweight and ergonomically designed bag. The product had already passed the idea screening proces ...
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... • However, pure competition products- no difference in is a hypothetical situation all quality or brand names, no systems are actually need to advertise imperfect 3. Buyers and sellers are well informed about prices. Price is determined by supply and demand. 4. Few barriers: sellers can enter or exi ...
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... compressed form. It’s used in all kinds of advertising communication in order to gather people’s attention, increase their commitment to the brand, and stimulate sales. Slogans are divided into image and commercial. The first express a sense company’s philosophy, product or service. The second are a ...
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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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