Type
of product
|
convenience,
shopping ,specialty or unsought goods:
|
Reason
|
Tooth
paste
|
convenience
|
Tooth
paste is used for the cleaning teeth and provides convenience to users.
|
Life
insurance
|
specialty
|
Life
insurance can be done to protect the life and provide facility to users in
case of accident or death.
|
Sharp
TV
|
shopping
|
Sharp
TV is going to use to watch different programs in good view.
|
Eggo
waffles
|
Unsought
|
Eggo
waffles are normally eatable items to capture the attention of the customers
|
Lettuce
|
unsought
|
Lettuce
is simple a vegetable that use in different foods for eatable purpose.
|
Coach
handbag
|
shopping
|
Coach
handbags are used for shopping as it carries different items of the user.
|
Adidas
soccer cleats
|
specialty
|
Adidas
soccer is specially designed for those who are very keen to use a good and
branded cleat.
|
Furniture
|
convenience
|
Furniture
is a product that provide facility to user to set and use for daily routine.
|
1.
Study two product mixes. Product mix 1:
A,B,C and D are the lines and for Product mix 2: X,Y,And Z are the lines. Which
mix more breadth and why ad which mix is deeper and why.
Ans.
As we know breadth means that enhancing new product line in the market or start
producing new line of product as a whole and depth means that more products are
going to add in the same product line or existing product line.
The
more breadth mix are; d1 with X line, d1 with Y line and d1 with Z line.
because the number of product line going to increase by combing the X,Y and Z
product lines with a new product line D.
The
more deeper mix are; a3,x4; a3,y4;b3,x4;b3,y4;c2,x4;c2,y4. Because the number
of product going to increase in the products of A, B, C, X and Y and the mix of
these product collect become deeper.
2.
Suppose you are the coffee buyer at
Kroger’s. There is a strong cooperate initiative to increase store label
merchandise. Discuss the advantages and disadvantages of offering private label
coffee.
Ans.
Advantages of private label coffee:
Following
are the advantages of private label coffee: by advertising the business,
provide excellent coffee with own brand, for encouraging the success buy
quality products that already used in the market, because of your own legal
rights you can alter at any time according to own will and no manufacturing and
no wholesale buying an do all the parts by yourself.
Disadvantages:
Following
are the disadvantages of the private label coffee: take enough time to attract
customers, advertisement is difficult, brands are major competitors in
business, people don’t want to change their existing taste and trust
development is long term process.
3.
You are the brand manager for a
firm………………what should you do?
Ans.
As a brand manager, it is the responsibility to check what is the image of our
product in the market and what problems people face while using our products.
Vanilla extract stashed is the product and many issues are going to appear
related with this product. The empty bottle issue shows that more attention
must be given on the production sector that fill the bottles and transfer to
packaging sector. Next is that the quantity of alcohol is going to increase in
the bottle so that many teenagers are going to addict of this product which is
not a good thing and the production sector must consider the ratio of all
ingredients and the next problem is that the seal of bottle is too hard that
many older cannot open it easily so make the cap or seal in such form that can
be easily opened with everyone. So the basic issue arises in the production and
packing sector of the bottle and company consider all the problems seriously.