New Product Development for Microfinance: Design‚ Testing‚ and Launch Technical Note Number 2 New Product Development for Microfinance: Design‚ Testing‚ and Launch by Monica Brand ACCION International October 1998 This work was supported by the U.S. Agency for International Development‚ Global Bureau‚ Economic Growth Section‚ Microenterprise Development Office‚ through funding to the Microenterprise Best Practices (MBP) Project‚ contract number PCE-C-00-96-90004-00. i ACKNOWLEDGMENTS
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SETTING PRODUCT STRATEGY Under the guidance of Prof. B S Prakash PGPBA 2014-16 - By Team RANKS Radhika Odugoudar Anish Rawat Niharika Joshi Kiran Karpur Shreekarthik Shesha 1 B1412 B1401 B1411 B1405 B1415 Marketing Management Overview Product Definition Market Offering Elements 5 Product Levels Product Classification Product Differentiation DESIGN of Product Product & Brand Relationships Product Systems & Mixes Product Mix Length & Product Line
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PRODUCT LIFE CYCLE (PLC) (Compiled by Deep Banerjee‚ Marketingpundit.com) Product Life Cycle (PLC) is based upon the biological life cycle. For example‚ a seed is planted (introduction); it begins to sprout (growth); it shoots out leaves and puts down roots as it becomes an adult (maturity); after a long period as an adult the plant begins to shrink and die out (decline). The conditions under which a product is sold will also change over time. The Product Life Cycle refers to the succession of stages
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As technology advances‚ it becomes more feasible to load products with a large number of features‚ each of which individually might be seen as useful. However‚ too many features can make a product overwhelming for consumers and hard to use. Three studies examine how consumers balance their desires for capability and usability when they evaluate products‚ and how these desires shift over time. Because consumers give more weight to capability and less weight to usability before relative to after use
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Product Process Matrix A common classification of production process structures We often classify processes based on their physical configuration‚ material and product flow‚ flexibility‚ and volume expectation. There are four different process types‚ which a manager can choose‚ keeping in mind the relative importance of the following attributes:- Quality‚ Time‚ Flexibility‚ and Cost. These are: 1. Job process 2. Batch process 3. Line process‚ and 4. Continuous process Job
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Business Studies University of Dhaka Subject: Submission of the report. Dear Sir‚ This is the report on Organizational Behaviour an essential component of Business strategy that you have assigned us on different lectures in this semester. The report carrying essential organizational culture of our Bangladeshi company component bears the proof of our sincerity and professionalism. We try our best to make the report an excellent. This report is made according to your direction. We
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Introduction Phase The introduction phase is when the public first sees or hears about a product. The product appears in stores for the first time‚ and people start seeing print and television ads. During this phase‚ a company may choose one of two pricing strategies. They may set prices high to recoup initial expenses that went into producing the product. For example‚ a cellphone manufacturer with new technology may introduce cellphones 10 percent to 20 percent above the prices of most premium
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Unit 3 P1 – Describe how marketing techniques are used to market products in two organisations. Marketing Marketing is the social progress. It’s about sales‚ prices and quality of the products. Marketing concepts: Sales concept – Where product or service is produced and personal selling and other high – pressure selling techniques are used to convince customers to buy. For example A firm that manufacture doors sells their products to residential householders. Marketing concept
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Johnson baby’s products Questionnaire Over the past hundred years‚ Johnson & Johnson always provide the safe and reliable baby-care products with parents‚ our company attaches the customer’s trust. Therefore‚ we are committed to upholding all the ingredients of each product using strict quality testing and assessment. In order to understand the level of trust and favorite of the common mass‚ we design this questionnaire‚ to help us get more information to improve our products to benefit the
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Discuss the main factors affecting product pricing in the UK Two surveys on the price-setting behaviour of UK firms published by the Bank of England in 1996 and 2008 concluded that the price‚ the amount of money expected‚ required or given for a certain level of output‚ was most often set as a result of market conditions1. The same report however found that the second largest price differential was the objective of the specific firm surveyed1‚ and thus product pricing in the UK can be seen to
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