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What is Product Strategy Development?
Product Strategy Development:
Based onto corporate goals and strategy. The corporate function for new product is found. The external environment is scrutinized to know emerging products threats and also opportunities, industry are evaluated to find out the growth potential of existing markets, earlier product experience in different markets are taken as, internal abilities are evaluated to know relevant companies weaknesses and strength. The existing management style is weighed and the place of existing procedures within the product life cycles measured. A new product strategy gives a sol of strategic role which in turn help, know the markets to that new product ideas will be developed.
How to promote a new brand?
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Importance of Place Goods are produced to be sold to the consumers. They should be made available to the consumers at a place where they can conveniently make purchase. It is e
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Factors influencing pricing decisions
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What is the drawback of marketing concept? Marketing Concept: Drawback: This has led to many social and environmental ills as pollution, drug abuse etc.
The responsibility of the Marketing Communication Manager is to sense those elements that can not be strong now but which in the future may have an impact on the organization and
what is: competencies, customers, and competition?
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