Explain about piecemeal modernization, Marketing Management

Assignment Help:

Explain about piecemeal modernization in the line modernization.

Piecemeal modernization is less of a drain upon the company’s cash flow. A main disadvantage of Piecemeal Modernization is that this permits competitors to observe changes and starts redesigning their own line.

In quickly changing Market Product Modernization is carried out incessantly since competitors are continuously upgrading their options. Every company should redesign their own contribution. A company would like to upgrade customers to higher valued higher priced items. A main issue is the timing of the product line improvement than they do not happen to untimely and damage the sales of their current product line or came out later so that the competitors can establish a strong foothold.


Related Discussions:- Explain about piecemeal modernization

Define emphasis of marketing to offer product to customers, Define emphasis...

Define emphasis of marketing to offer product to customers. Marketing lays emphasis onto giving the product to customers at the right price, at the right place, in the right pl

Explain the term- promotion of product, Explain the term- Promotion of prod...

Explain the term- Promotion of product Promotion:   If product is manufactured keeping the consumer needs in mind, is rightly priced and made available at outlets convenient

Ten principles of reinvention , As per the Osborne and Gaebler, governments...

As per the Osborne and Gaebler, governments don't work well, since they are tall, sluggish, over-centralized, and preoccupied with diverse rules and regulations."We developed publi

Describe the distribution channel, Problem 1: Using examples and illust...

Problem 1: Using examples and illustrations, elaborate on the stages of business buying process and its influences. Problem 2: (i). Describe the distribution channel.

What is advertising standards council of principles, What is Advertising St...

What is Advertising Standards Council of principles? Explain in briefly. Advertising Standards Council of Principles: a) To make sure the truthfulness and honesty of demo

Drip elements of marketing communications, DRIP elements of marketing commu...

DRIP elements of marketing communications DRIP element Examples Differentiate Burger King differentiates itself from market

Explain the strategic decision regarding packaging, Explain the strategic d...

Explain the strategic decision regarding packaging. Packaging Strategies: To control the packaging of product executives should make the given strategic decisions as given

Market attractiveness, Market attractiveness is a measure of the profit po...

Market attractiveness is a measure of the profit potential inbuilt in the structure of a market or industry. There are a large number of factors contributing to (and which may be

Marketing concept, The Marketing Concept The marketing concept holds t...

The Marketing Concept The marketing concept holds that gaining organizational goals based on determining the wants and needs of target markets and delivering the desired satis

Sales and Marketing, Demonstrate your understanding of the principles of ma...

Demonstrate your understanding of the principles of marketing by illustrating the motivation behind energy drink consumers.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd