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Chapter 1
Chapter 1

... business’s role in society. Because the products and services that a business produces are the primary reason for interaction between business and consumer, the ways in which that exchange takes place is of central importance. In this chapter, the authors focus on the consumer movement and product i ...
November 2008 - DM FTFT Snacks.cdr
November 2008 - DM FTFT Snacks.cdr

... Waves take those deliciously buttery pretzels, and turn them into a chip-like thingie. Available in four flavors - two savory, two sweet - Erin loved the Chocolate Drizzle for afternoon snacking, while Danielle preferred the Parmesan Garlic in lieu of chips with her sandwich. ...
PowerPoint
PowerPoint

... Step one: define the strengths and weaknesses of the floral business.  In doing so, the manager is able to identify the potential of the business. Step two: define the targeted customers or target market based on demographics, income, age, and ...
Chapter 7 slides
Chapter 7 slides

... • Consumer products that customers usually buy frequently, immediately, and with minimal comparison and buying effort • Low priced • Placed in many locations to make them readily ...
Document
Document

... Slide 3 Pricing Penetration Skimming ...
Promotion - bankexam.co.in
Promotion - bankexam.co.in

... products like computer need personal selling. Non-technical products require advertising as promotional device. In case where there is no brand diffentiation personal selling should be the method of promotion. Where there is brand differentiation advertising should be emphasized. 2. Nature of the ma ...
Unit11-Promotion
Unit11-Promotion

... products like computer need personal selling. Non-technical products require advertising as promotional device. In case where there is no brand diffentiation personal selling should be the method of promotion. Where there is brand differentiation advertising should be emphasized. 2. Nature of the ma ...
TOOL: PRODUCT DEVELOPMENT - MARKETING
TOOL: PRODUCT DEVELOPMENT - MARKETING

... Has the knowledge I have about the customer been utilized for the different phases and goals – product development/ sales/ product use ...
Fast Food Operations Dr D. Hill
Fast Food Operations Dr D. Hill

... ideas and drop poor ones as soon as possible • This ensures that money is saved at an early stage and money is not wasted in later stages • The ideas are written up on a standardised form and include information such as product, the target market and the competition • It can then be evaluated agains ...
Gujarat Survey Research Agency.
Gujarat Survey Research Agency.

... selection of man power for all our projects. All prospective candidates go through multiple interview rounds and skill assessments that test their attitude, commitment and abilities. Robust training: Depending on the scope and size of a project the execution team is either trained b the key manageme ...
STEPS TO SUMMARIZING
STEPS TO SUMMARIZING

... ...
most purchase decisions are made at point of sale
most purchase decisions are made at point of sale

... brief them. Bearing in mind that the majority of purchase decisions are taken at point of purchase you need to have a constant presence with coupons closing the loop from advertising to promotions. The essential truth is : Advertising moves the consumer towards the product. It tells them about the b ...
Marketing 334 Consumer Behavior
Marketing 334 Consumer Behavior

... Repeat purchasers continue to buy the same brand though they do not have an emotional attachment to it. Switching costs are the costs of finding, evaluating, and adopting another ...
Lower prices.
Lower prices.

... and mass communication with information about products/services. – Fueled with more information, better choices are made utilizing our scarce resources within businesses, governments, and households. – There are foreign and domestic societies and both benefit from marketing activities. ...
Regional Identity Promotion Program Workshop
Regional Identity Promotion Program Workshop

... • Most commonly use the logo on price cards, posters and banners, and produce displays. • The general state-grown promotion program is more popular than quality-control program. • Larger farms and older producers are less likely to participate in the state-grown promotion program ...
Customer focus
Customer focus

... research he would have produced larger candles rather than inventing light bulbs. Many firms, such as research and development focused companies, successfully focus on product innovation (Such as Nintendo who constantly change the way Video games are played). Many purists doubt whether this is reall ...
Media Literacy
Media Literacy

... actual features or benefits, such as a comfort or convenience it provides, its health benefits,quality and durability, or new and improved features. Whether or not such qualities actually exist in the product is often debatable. ...
eMM07
eMM07

... the extended exchange theory ...
AGRI-BUSINESS ENVRIONMENT
AGRI-BUSINESS ENVRIONMENT

... - expand the market for its product by working with the two factors that make sales volume sales volume = number of users x usage rate per user ...
Chapter 13 Pricing Strategies
Chapter 13 Pricing Strategies

... Leader pricing is when firms temporarily cut prices on a few items to attract customers. Loss leader is if the item (leader) is priced below the store’s cost. High-low pricing is alternating between regular and “sale” prices on the most visible products offered by a retail firm. Resale price mainten ...
Chapter09 - Cal State LA
Chapter09 - Cal State LA

... McDonald’s announced that at select locations, if drivethrough customers do not get exactly what they want within two minutes of placing the order, their next meal will be free. This promise by McDonald’s is a good example of a(n): ...
Developing a Marketing Plan
Developing a Marketing Plan

... Ways Companies Can Communicate with Consumers Promotion: communication used to inform, persuade, or remind.  Personal Promotion is most effective and most expensive form of marketing communication ...
Product Marketing Manager
Product Marketing Manager

... We are looking for an energetic, self-motivated individual who will thrive in a fast-paced start-up environment. The Product Marketing Manager will be a key member of the Marketing team and report directly to the VP of Marketing. The qualified candidate will be responsible for developing, coordinati ...
Sporting - NMSU College of Business
Sporting - NMSU College of Business

... Consider Changes to the Peripheral Product – The Peripheral Product Represents the Elements Surrounding the Game or Event Over Which the Organization Can Exercise a Reasonable Level of Control ...
Product market
Product market

... traditional product managers, who often officially “own” product marketing but ignore it. Product management is a big job and often product managers can be so focused on feature development they can’t put themselves into the shoes of the customer when it comes to communicating why someone should buy ...
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Planned obsolescence

Planned obsolescence or built-in obsolescence in industrial design is a policy of planning or designing a product with an artificially limited useful life, so it will become obsolete, that is, unfashionable or no longer functional after a certain period of time. The rationale behind the strategy is to generate long-term sales volume by reducing the time between repeat purchases (referred to as ""shortening the replacement cycle"").Companies that pursue this strategy believe that the additional sales revenue it creates more than offsets the additional costs of research and development and opportunity costs of existing product line cannibalization. In a competitive industry, this is a risky strategy because when consumers catch on to this, they may decide to buy from competitors instead.Planned obsolescence tends to work best when a producer has at least an oligopoly. Before introducing a planned obsolescence, the producer has to know that the consumer is at least somewhat likely to buy a replacement from them. In these cases of planned obsolescence, there is an information asymmetry between the producer – who knows how long the product was designed to last – and the consumer, who does not. When a market becomes more competitive, product lifespans tend to increase. For example, when Japanese vehicles with longer lifespans entered the American market in the 1960s and 1970s, American carmakers were forced to respond by building more durable products.
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