How would you market a new product?, homework help

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GhgbeEvtug

Business Finance

Description

  • How would you market a new product?
  • How do product quality and the customer’s expectations factor in your marketing strategy?
  • Share some examples of a product you use that has good quality and exceeds your expectation and share an example of a product that is poor quality.

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Explanation & Answer

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Marketing of New Products
The initial step in marketing a new product is the identification of the various competitors
so that an individual can be aware of the best areas to focus on when identifying the customers.
The other step would be the identification of the customers that are likely to buy the new product
and thus make them part of the market share. As a result, it will be easy to en...


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