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Give one example of a particular product for introduction stage (from Product Life Cycle) and make an explanation why such product is classified in that particular stage.
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- Please assist Based on a retail store that sells clothing for the age between 8 and 40 years . Construct a diagram depicting one of your product category lifecycles.Select 4 products in various stages of the product life cycle. Note what stage of the life cycle that they are in and why you believe that they are in this stage. What are some marketing strategies that could be used to extend the product life cycle for that product or category?Five practical reasons why the company should segment their products
- Briefly introduce your own product (goods or services) And explain why you choose or create that brand name of your product.For Further Research (Individual) Select a company that has products under the same corporate brand name that includes products that represent a down- ward line stretch as well as products that represent an upward line stretch. Identify at least one product that fits within each category and identify what specific at- tributes separate each from the other.How should the organization differentiate its products? What are the product’s features, advantages, and benefits? Assess the extent to which the brand’s current positioning aligns with the product’s points of differentiation.
- Explain what is meant by a hierarchy of needs and provide examples of one or more products that enable you to satisfy each of the four levels of need.Suggest any product that has drawbacks in terms of use (old and subject to development) to make it more user-friendly in relation to the concept of HCI.Discuss how a new brand manufacturer would go about defining their market segments and then begin to board them.