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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1573 |
Essay's paper body
A product or service that really meets customer demands, and is both original and superior than the existing competition, could be a beneficial. Product development is an important part of this, often the result of extensive consumer research implemented through surveys, questionnaires and flyers. The quality, style, servicing, packaging, warranty and labeling of the product can also be derived from the information gathered...
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The quality, style, servicing, packaging, warranty and labeling of the product can also be derived from the information gathered. Price mainly depends on product and can also affect the promotional options available. Pricing needs to be set in a manner that is appealing to the target market. To high of a price might send customers to a competitor, while two low of a price could affect the organizations profits...
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