Class Discussion Essay Example | Topics and Well Written Essays - 250 words - 2

Class Discussion - Essay Example1 The company should also assess what retailers prefer to shelf and if they hark back would be more successful. Accordingly in marketing the color and packaging of a food product needs to be as eye contractable and possible.While launching a new television whether it took 2 years to build or 10 would be to market the product. The company should create consciousness of the product, give accreditledge and convince the battalion how good it is because if you have the best product in the world but the people dont know about it, its bound to fail. The buyers also care about the price/value ratio of the product and if its out of the price range for the people they wont buy it. So the prices should be as low as possible in the beginning to create a buzz and thither needs to be investment in the form of marketing.The ideal way to market a toy would be by placing it at an end cap2 at a price range with the main competitor or a toy which is similar. The sal es are analyzed at the end of the week or month and compared and accordingly the success can be measured. Selling a toy to children also means that there is no such brand devotion so the toy can sell easily with the right colors and images on the box which the children can easily like the