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Lamb Hair McDaniel MKTG Your Product or Service Offering Part 3 Product Decisions Worksheet PRODUCT ISSUES Product description: Classify your offering (circle all that apply): Consumer Business Good Service Patent needed No patent needed Patent obtained No patent obtained Place your product or service in your portfolio: Single item Complementary item Enhancements to product enabled by Internet selling: Part 3 Marketing Plan Worksheet: Product Decisions 1 Lamb Hair McDaniel MKTG Your Product or Service Offering Reductions to product due to Internet selling: BRAND Brand Name: Brand Logo: Professional branding firm needed? Yes No URLS Company URL: Part 3 Marketing Plan Worksheet: Product Decisions 2 Lamb Hair McDaniel MKTG Your Product or Service Offering Alternative URLs: PACKAGING ISSUES Is product packaged? Yes No Products purchased on-line can be returned on-line? Yes No Products purchased on-line can be returned in store? Yes No Products purchased in store can be returned on-line? Yes No Company will pay for shipping on customer returns? Yes No How will packaging match other communication tools? PRODUCT RETURNS General return policy: General warranty: Part 3 Marketing Plan Worksheet: Product Decisions 3 Lamb Hair McDaniel MKTG Your Product or Service Offering PRODUCT LIFE CYCLE ISSUES Your product is in what stage of the product life cycle? Introductory Growth Maturity Decline Affect of selling product on-line on PLC? PLC lengthened PLC shortened PLC not affected DIFFUSION STRATEGY Key elements of diffusion strategy: SERVICE QUALITY ISSUES How will you incorporate the following service qualities into your offering? Reliability: Responsiveness: Part 3 Marketing Plan Worksheet: Product Decisions 4 Lamb Hair McDaniel MKTG Your Product or Service Offering Assurance: Empathy: Tangibles: Key elements in the customer relation strategy: Part 3 Marketing Plan Worksheet: Product Decisions 5