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Business marketing homework
Project #4 Product Management, Branding and Pricing Strategies -- Week 7
- Where is your product/brand in terms of the Product Life Cycle and Consumer Adoption Cycle? How do you expect this to change in the next 12 – 18 months?
- How would you describe the branding strategy for the product/brand you are reviewing? Is your firm using family, individual or co-branded strategies? What role does the corporate identity play in establishing the product/brand identity? Use visual images of your firm and brand logos.
- Collect actual pricing information for your product/brand and for the key competitor you have identified. What pricing strategies do each of these product/brands appear to be using? Summarize any recommendations for change in product, branding or pricing.