4 product decisions
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Transcript of 4 product decisions
AttributesBranding
Packaging and LabelingProduct Support
Product Decisions
There are 4 product decisions to make;
1.Product attributes 2.Branding3.Packaging and labeling4.Product support
Adapted for DWC students, HCT 2009 2
Product Decisions1. Product attributes
FeaturesDesignQuality
Adapted for DWC students, HCT 2009 3
Product DecisionsProduct attributesBranding
Generic Product or Branded Product?
Adapted for DWC students, HCT 2009 4
Product DecisionsProduct attributesBranding
Generic ProductsNo brand nameUsually cheaper than branded goodsSometimes lower quality
Adapted for DWC students, HCT 2009 5
Product DecisionsProduct attributesBranding
Symbol or nameLegal protection (registration)Product success/Customer LoyaltyBrand attributes and benefitsBrand values
Adapted for DWC students, HCT 2009 6
Product DecisionsProduct attributesBranding
Advantages:Identify preferred productsUniform qualityTrustProduct valueProblems/complaints
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Tips for choosing brand namesShort/Easy to rememberTranslation (other languages)Easy to pronounceNot a common word
Adapted for DWC students, HCT 2009 8
Product DecisionsProduct attributes BrandingPackaging and labelingContains and protects productsDescribes productsProvides instructionsAttracts attentionGives details of other products under same
brandAdapted for DWC students, HCT 2009 9
Product DecisionsProduct attributes BrandingPackaging and labelingProduct support
BookletsPhone number to callWebsite Repair shop
Adapted for DWC students, HCT 2009 10
Product DecisionsAdapted from Marketing Fundamentals, HCT
In-house Publication
Adapted for DWC students, HCT 2009 11