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Explain product differentiation , Name a product and show how it has been differentiated
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Solved in 2 steps
- Evaluate the key marketing issues and their implications.From a marketing strategy and customer intimacy perspective, to what extent do you believe companies ‘know the business they are in?Imagine that you own your business. You are producing a product (it could be a service). You would like to differentiate your product. a) Why would you want to differentiate your product? b) How would you do it? How would your product differ? Please provide a specific product: a detailed explanation of your original product and how you would differentiate it.
- why monopolistic competition the food industryName some of the challenges marketers encounter when developing advertising and promotional campaigns. How does the type of product affect the promotional strategies?Discuss the different types of markets. what are the key forces driving the new marketing realities?
- Consider any brand of your choice and discuss the stages of it's product life cycle and also the strategies that it will adapt in each stage of life cycle.Which of the following gives the customers better products that are not offered by other competitors? Select one: a. Competitive advantage b. Branding c. Advertisements d. Marketing StrategyGiven a description of a company's marketing mix, classify the elements of the marketing mix and the category of marketing.