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UNSATISFIED NEEDS. DESIRE. ABILITY. COMMUNICATE. EXCHANGE. Controllable factors . SOLVE. Marketing Problem. Tangible. Intangible. P roducts. Answer: A product is an item that satisfies a consumer demands. Question: What is a product?. Memorable, Distinctive and Positive.
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UNSATISFIED NEEDS DESIRE ABILITY COMMUNICATE EXCHANGE
Controllable factors SOLVE Marketing Problem
Tangible Intangible Products Answer: A product is an item that satisfies a consumer demands. Question: What is a product?
Memorable, Distinctive and Positive Fit the product image Suggest the products benefit Important factors when selecting a team (brand) name Simple and Emotional No legal issue/Regulatory restrictions
Price penetration pricing strategy Bundle pricing strategy Pricing Odd-even pricing strategy
Cost plus pricing strategy Pricing (continued..) 2.
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