Marketing” “MARKETING PROJECT” “New Product Development” Submitted to: “Prof. Hafiz Ihsan-ur-Rehman” Submitted By: Usman Khalid Mc09023 Umar Farooq Mc09002 Faraz Raza Mc09040 M. Usman Mc09026 Jahangir Badar Mc09061 Ahmad Khayyam Mc09035 PROJECT CONTENTS 1. Segmentation & Target Marketing (Characteristics: How Product fit with T. M.) 2. Product Ideas ‚Screening‚ Concept Development & Testing. 3. Demand Estimation
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Chocoberry New Product You Decide Chocoberry Case Study Idea Generation 1. What techniques will you propose to CB to generate ideas that can be developed into viable concepts? There are three types of idea generation that could help into developing a viable concept: * The evolutionary idea derives from somewhere else‚ taking something that already exists and improves on it. (1) * Symbiotic: method of idea creation when multiple ideas are combined‚ using different elements of each to
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Abstract This report is based on a case presented by Harvard Business School‚ titled “IDEO Product Development.” The goal of this report is to examine whether an engineering design company‚ IDEO‚ should have requested more time to complete a design for a Personal Data Assistant (PDA) that was to be called the Handspring Visor. The key events take place between March 1996 and September 1999. IDEO is an unconventional Silicone Valley based company‚ and the hiring company was the then newly formed
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Letter of Transmittal May03‚ 2012 Subject: To submit a report on “New-product development on- Natural Anti-insect.” Dear Sir‚ We are very delighted to submit the term paper on New-Product Development on Natural Anti-insect product as the course material. Our main incentive is to prepare this term paper according to your guidelines in accordance with your instructions. We have tried our best to produce our work as per your structures and hope we believe we have done an adequate job considering
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Accelerated reader is a computer program that helps teachers control and monitor a child’s reading skills. The child will take test to find out his reading level.The child picks books at his own level and reads at his own pace. When finished‚ the child will take a short quiz on the computer. If the child passes the quiz this is a sign that the child understood what he was reading. Accelerated reader gives both the student and the teacher information based on the quiz results.The teacher then uses
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Linking New Product Development to Strategy By Gary Getz and Pedro do Carmo Costa Many companies implement Stage-Gate or other forms of new product development processes that promise to accelerate growth while managing risk. Few‚ however‚ are satisfied with the output of their efforts. One potential reason for their dissatisfaction is the disconnection between their organization’s new product development (NPD) and strategy development processes. Without this connection‚ product development pipelines
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Customer Needs 3. Organizing the needs into a Hierarchy IV. Establishing target specification 1. List of Metrics 2. Needs-Metrics Matrix 3. Competitive Benchmarking 4. Quality Function Diagram (QFD) 5. DVM pricing of product attributes V. Concept Generation 1. Clarify the problem 2. Search externally 3. Search Internally 4. Explore systematically 5. Reflect on the solutions and the process 6. Concepts VI. Concept selection 1. Concept
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Strategy of Nokia for New Product Development Introduction Founded as a paper mill company in Finland back in 1865‚ Nokia has evolved into a diversified industrial company by merging with Finnish Rubber Works (establish in 1898) and Finnish Cable Works (establish in 1912) in 1967. Since then‚ the company has been known as Nokia Corporation and become the world largest mobile phone company. Eastern and western Europe are the main market until the liberalization of trade with former Soviet bloc
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New-product development process Idea generation Nowadays watch is an essential part of human. It performs a social status or lifestyle of user. There are many technique and technology to add to the watch. For example make the watch like a purse‚ the LED that sticks to the watch as if flashlight‚ the watch can tell the user positioning‚ the watch can be a walky talky‚ the watch can be a telephone‚ the watch can be the camera‚ the watch can update the correct time by itself‚ the watch that use the
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Strategic Marketing: Smartphones Market Analysis and Product Development Outline 1) Quantitative Analysis 2) Micro Analysis 3) Five Forces Analysis 4) PESTEL Analysis 5) Market Research 6) Product Development Quantitative Analysis CAGR AND QUANTITATIVE ANALYSIS USA: 313.9 millions people 285 euros Potential market: 251 120 000x285x0‚5=35 784 600 000 Euros -market size: 114 million people in the U.S. owned 1 000 000x285 = 32 490 000 000
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