Marketing Management

Description

New Product Details

You practiced with the 4 P’s of marketing in the Learning Activity. Now you will apply the first P of the marketing mix to one new product. In this Assignment you will create one new product item for a chosen ASG product line.

Checklist:

• Describe one new product item that you create for a chosen ASG product line.
• Describe the market segmentation and target markets in terms of the demographics and psychographics.
• Explain the brand positioning for the product.
• Provide all the product qualities (i.e., the 1st of the 4 P’s), attributes, packaging, etc. that will be involved in line with the company’s mission and objectives.
• Provide support for your reasoning.