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?
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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.
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.
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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.
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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