Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Utility of the product life cycle
1. As forecasting tool: the study of product life cycle is an important tool for sales forecasting its study foretells that problems and prospects, which will be faced by e product in, time to come.
2. As a planning tool: the study of product life cycle is an important tool in the hands of planners. This study reveals the marketing strategies and policies of competitions. It also reveals the effect of their policies and strategies upon sales and product of the enterprise. On the basis of this arrangement marketing manager of the enterprise can prepare his marketing plan.
3. As a control tool: the study of the product life cycle helps in controlling the marketing activities of an enterprise also. With the help of this study the marketing manager can make necessary arrangements to make the product available according to the demand.
4. Developments of the new products: the study of the product life cycle is very helpful in the development of a new product and in the improvements of the existing products. This study studies the chance taking place in the needs, habits, tastes and attributes of consumers, keeping in view these changes, necessary decisions may be taken for the improvement of the existing products and developments of new products.
What are the benefits of packaging in the product line? Benefits of Packaging are as given below: a. This protects a product in a means to the consumer. b. This provide
How is the marketing system affected by company strategy? Marketing System influences company strategy: Marketing has its own sub system that interacts along with each ot
The Intercontinental Hotels Group (IHG) has over 4,000 hotels worldwide. IHG owns Holiday Inn (a medium-price hotel chain), Holiday Inn Express (a budget chain), Candlewood Suites
Q. Purposes of Illustration of print-ad-copy? Illustration helps in attracting attention as well as arousing desire/ interest in advertisement. It assists the buyer in
The world is changing dramatically with the internet becoming increasingly the panacea for all things that touch the customer and the customer-facing processes. However an enterpr
Operation Plan Description of company's Operation Schovas which stands for spicy chocolate, vanilla ,strawberry ice cream, will open its first store in central market. Th
Meaning or definition : the term advertising is derived from the original Latin word "advertere" which means "to turn" the attention. Every price of advertising turns on the attent
Advantages to producers 1. Easy to advertise: when the product or producers of an enterprise are marked with a particular brand, it makes very easy for the enterprise
A good or service an organization makes in quantity to sell on the open market is a product.
critically analyse diesel''s marketing mix strategies?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd