The Attivio Case study discusses in detail about the product growth of Attivio Inc. from a software service to a full-fledged product. The study describes the organizational thought process that drove Attivio into a different category of products. It goes into detail about the differences between a vertically aligned product and a horizontally aligned product while keeping in mind the competitive nature of the industry and the economics- pricing paradox that causes havoc for any product. With a brief
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PRODUCT DIFFERENTIATION AND MARKET SEGMENTATION AS ALTERNATIVE MARKETING STRATEGIES WENDELL R. SMITH Alderson & Sessions decade the 1930’s‚ the work of D URING theRobinsonofand ofChamberlin resulted in a revitalization economic theory. While classical and neoclassical theory provided a useful framework for economic analysis‚ the theories of perfect competition and pure monopoly had become inadequate as explanations of the contemporary business scene. The theory of perfect competition assumes homogeneity
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Sermorelin : Product Description Sermorelin is a synthetic hormone which was created to stimulate the production of Growth Hormone (GH) by the pituitary gland in the brain. It is a growth hormone-releasing hormone (GHRH) peptide analogue which contains a peptide sequence of 29 amino acids. It is the shortest synthetic peptide that has all the functional properties of GHRH since it is a copy of the active portion of the natural human GHRH. As such‚ it is a growth hormone secretagogue. GHRH is a hormone
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Why Implement Product Safety Product safety is important to both manufacturers and consumers. Most of the company today does apply product safety management in their company to reduce unwanted inccident to happen. By implementing product safety management into the organization‚ it enable to reduce accidents‚ reduce product recalls‚ reduce insurance premiums‚ increase the safety and quality of products‚ provide a more defensible product and company in the event of litigation‚ and minimize the chance
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Manchester Products: A Brand Transition Challenge Case Q&A 1. HOW WOULD YOU CHARACTERIZE THE HOUSEHOLD FURNITURE INDUSTRY? In 2004‚ the Household Furniture Industry’s annual growth was 4%‚ it was a $36.4 billion industry. There a many competitors within the industry because of low cost imports from Asia and Mexico. The household furniture industry is also closely tied with the economy. After the housing boom in the early 2000’s‚ companies needed to focus on a more innovate and stylist product
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ask the question "where does product liability end and consumer responsibility begin?" This question has been further complicated by occurrences that stretch to the most far-reaching ends of this spectrum‚ the spectrum ranging from strict product liability of the company to complete consumer responsibility. On the strict product liability of the company side‚ we have the cigarette industry where the CEOs of the largest cigarette companies denied that their product was liable for the cause of addiction
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Product Levels: The Customer-value Hierarchy The marketers need to address five product levels. Each level adds more customer value‚and the five constitute a customer-value hierarchy. 1. Core Benefit The fundamental need or want that consumers satisfy by consuming the product or service. Example 1: In case of a car Transportation from one place to another. Example 2: The customer in search of a hotel room demand only rest and sleep from a marketer. 2. Basic Product
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Question 1: There are three product levels‚ they each add more customer value than the previous level and they constitute a customer value hierarchy. The decision of customers is usually based on the value that they expect to receive from buying and consuming it. The first level is the core benefit. It is the actual or fundamental benefit that the customer seeks when he buys the product. It is need to the most basic need that he/she wants to satisfy. For example‚ someone will go buy a red bull
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order to be the most user-friendly and the most efficient. Next to that he has experience as product developer‚ which makes him the perfect person to develop the best product. Both the necessary features as the design should be of a good quality in this case. Moreover‚ multiple opportunities are provided within the market. Each will be discussed in more detail. • A great opportunity is the fact that the product first can be tested by professionals before commercializing it. This provides you with the
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BANKING STRATEGIES Case Study: Product Innovation at Bank of America By Cindy Murray What financial institutions can learn from inventions and innovations in other industries. owhere is innovation more essential to survival than in the banking industry. In the payments domain‚ for example‚ nonbank competitors less constrained by bank regulations and therefore more agile are changing the banking industry’s grip on the public perception of banks as the only trusted brand for holding and moving
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