Product Planning and Development
The objective of most firms is to develop a profitable and continuing business. To achieve this objective, companies must provide products and services that s tsfy sumer needs, thereby assuring themselves of repeat business. Ptoduct planning is an essential component in developing a profitable,product planning and development The objective of most firms is to develop a profitable and continuing business To achieve this objective, companies must provide products and services that s tsfy sumer needs, thereby assuring themselves of repeat business essential component in developing a profitable, continuing business and has trequently been referred to as the"five rights planning to have the right produ a" the place, at the right time, at the right price, in the right quantities. A product is much more than a combination of raw materials. It is actually a bun- dle of satisfactions and benefits for the consumer. Product planning must therefore be approached from the consumer's point of view. Creating the right service or product is not easy: Consumer needs, wants, and desires are constantly changing, and competi tive forces typically carry products through a life cycle, so that a product that is suc cessful at one point declines and"dies" at a later time. Figure 19.1 shows the phases that a new product goes through from inception to decline: (1) introduction, (2) growth, (3) maturity, (4) saturation, and(5) decline Because of the rapidly changing consumer lifestyles and technologcal changes the life cycle for products and services has become s r, but the product life cycle remains a useful concept for strategic planning. Each stage o the product life cycle has certain marketing requirements. continuing business and has trequently been referred to as the "five rights" planning to have the right product, at the right place, at the right time, at the right price, in the right quantities.
A product is much more than a combination of raw materials. It is actually a bundle of satisfactions and benefits for the consumer. Product planning must therefore be approached from the consumer's point of view. Creating the right service or product is not easy: Consumer needs, wants, and desires are constantly changing, and competi tive forces typically carry products through a life cycle, so that a product that is successful at one point declines and "dies" at a later time.
Figure 19.1 shows the phases that a new product goes through from inception to decline: (1) introduction, (2) growth, (3) maturity, (4) saturation, and (5) decline. Because of the rapidly changing consumer lifestyles and technologcal changes, the life cycle for products and services has become shorter, but the product life cycle remains a useful concept for strategic planning. Each stage o the product life cycle has certain marketing requirements.
การวางแผนผลิตภัณฑ์และการพัฒนา The objective of most firms is to develop a profitable and continuing business. To achieve this objective, companies must provide products and services that s tsfy sumer needs, thereby assuring themselves of repeat business. Ptoduct planning is an essential component in developing a profitable,product planning and development The objective of most firms is to develop a profitable and continuing business To achieve this objective, companies must provide products and services that s tsfy sumer needs, thereby assuring themselves of repeat business essential component in developing a profitable, continuing business and has trequently been referred to as the"five rights planning to have the right produ a" the place, at the right time, at the right price, in the right quantities. A product is much more than a combination of raw materials. It is actually a bun- dle of satisfactions and benefits for the consumer. Product planning must therefore be approached from the consumer's point of view. Creating the right service or product is not easy: Consumer needs, wants, and desires are constantly changing, and competi tive forces typically carry products through a life cycle, so that a product that is suc cessful at one point declines and"dies" at a later time. Figure 19.1 shows the phases that a new product goes through from inception to decline: (1) introduction, (2) growth, (3) maturity, (4) saturation, and(5) decline Because of the rapidly changing consumer lifestyles and technologcal changes the life cycle for products and services has become s r, but the product life cycle remains a useful concept for strategic planning. Each stage o the product life cycle has certain marketing requirements. continuing business and has trequently been referred to as the "five rights" planning to have the right product, at the right place, at the right time, at the right price, in the right quantities.A product is much more than a combination of raw materials. It is actually a bundle of satisfactions and benefits for the consumer. Product planning must therefore be approached from the consumer's point of view. Creating the right service or product is not easy: Consumer needs, wants, and desires are constantly changing, and competi tive forces typically carry products through a life cycle, so that a product that is successful at one point declines and "dies" at a later time.Figure 19.1 shows the phases that a new product goes through from inception to decline: (1) introduction, (2) growth, (3) maturity, (4) saturation, and (5) decline. Because of the rapidly changing consumer lifestyles and technologcal changes, the life cycle for products and services has become shorter, but the product life cycle remains a useful concept for strategic planning. Each stage o the product life cycle has certain marketing requirements.
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