08 Aug What is the brand name of this specific product
Provide a 250+ word response to the following question. Please separate your answers by the parts of the question.
Visit a local retailer (or a retailer’s online website) and while you are there, you need to find a NEW product. It could be identified on the store shelf, on the packaging of the product or in the product info/picture on the webiste, but be sure it is identified as NEW to the market. Then, please answer the following questions:
- What is the brand name of this specific product?
- For example: If you are talking about the New Apple iPad XLIII from Apple, you need to list the name for that specific product: Apple iPad XLIII, not just “Apple.”
- Do you think this specific product is increasing the breadth or the depth of the product line? Why did you choose your answers? Support this argument with course material.
- Is the brand name of this specific new product a good fit for the product? Why or why not? Again, support this argument with course material.
- NOTE: I am looking for you to analyze the name of this specific new product – if you are analyzing the new Apple iPad XLIII, talk about the name Apple iPad XLIII specifically, not the pros and cons of Apple or the Apple iPad name in general.
- Do you think this new product will diffuse quickly or slowly through the marketplace? Why? Go into detail using at least one of the characteristics influencing the diffusion of innovation (found in the USING THE DIFFUSION OF INNOVATION THEORY section of Chapter 12) to support your answer.
