select a relatively new product on the market, and brainstorm ideas for product
ID: 324913 • Letter: S
Question
select a relatively new product on the market, and brainstorm ideas for product growth using each of the categories in the market matrix. For example: Propel Enhanced Water (vitamin enhanced bottled water): Penetration—sell Propel in gallon jugs; New Market—sell to Mom’s trying to get children to take vitamins; New Products—develop Propel gum; Strategy Diversification—develop line of Propel sportswear. Please be more detailed than this example in your post, it is only meant to help you start the brainstorming process select a relatively new product on the market, and brainstorm ideas for product growth using each of the categories in the market matrix. For example: Propel Enhanced Water (vitamin enhanced bottled water): Penetration—sell Propel in gallon jugs; New Market—sell to Mom’s trying to get children to take vitamins; New Products—develop Propel gum; Strategy Diversification—develop line of Propel sportswear. Please be more detailed than this example in your post, it is only meant to help you start the brainstorming process select a relatively new product on the market, and brainstorm ideas for product growth using each of the categories in the market matrix. For example: Propel Enhanced Water (vitamin enhanced bottled water): Penetration—sell Propel in gallon jugs; New Market—sell to Mom’s trying to get children to take vitamins; New Products—develop Propel gum; Strategy Diversification—develop line of Propel sportswear. Please be more detailed than this example in your post, it is only meant to help you start the brainstorming processExplanation / Answer
Answer:
Brain Storming: Brain storming is the process of exploring the power of brain for generating multiple ideas for the given subject with the help of all team members. This is a team based activity and whole team is engaged in idea generation for the given problem.
The new product select for the market: Battery Charged Movable Fan
Brain Storming :
Product: Battery Charged Movable Fan
Purpose : Growth of the Battery Charged Movable Fan in the target market
Idea Generation for below head for the growth of the new product.
Market Selection:
Marketing and Branding
Market Launch:
Pricing:
Quality/ Reliability:
Retail Market Connectivity:
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