Economy, asked by anthonymolina12, 1 year ago

Fantastic Snack Company has spent months developing a new type of snack chip, but the chips are not selling. Which of the following is the most likely mistake Fantastic Snack Company made?

Answers

Answered by danielochich
1
There could be reasons why the new product is not selling.

1.) The product is not any different from the other products.

When producing a new product, one should ensure that it has better qualities than the previous products. In other words you should give the buyers a reason of buying this product and not the other products.


2.) The product does not meet the demands of the customers.

When producing a new product one should consider the preferences of the customers.

We should aim at customer satisfaction.

3.) The new product could be expensive.

In setting the price for a new product, we should set prices that are customer friendly.
Answered by aqibkincsem
4
Fantastic Snack Company has spent months developing a new type of snack chip, but the chips are not selling.

I think the most likely mistakes made by the Fantastic Snack Company can be the following

-Lack of campaigning and promotion, Poor packaging,Failing to meet the market standard and Pricing problem.
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