Question

Which one of the following gives suggestions for new product and also help to market new products? (A) Existing products and services (B) Federal government (C) Distribution Channels (D) Consumers

Answer 1

Answer:

D: consumers

Explanation:

without us they are nothing we can give them suggestions and can also help them by telling our friends or putting it in insta, FB,etc..

Answer 2

Answer:

Consumers give suggestions for new products and also help to market new products

Explanation:

When a new product is launched by a company the company can hear grievances, suggestions, and necessary changes for the new product.  

• A product is a bundle of utilities.
• Or tangible or intangible product offered to the customer which satisfies the need and wants of the customer.
• A brand is an identification of a product it can be in the form of the name, symbol, etc.
• Labeling means putting identification marks on the pacakge i.e. carrier of information about the product.
• Price is the value at which the buyer buys the product. The price should match the utility offered by the product or service.

Thus, a customer checks out the above price, brand name, and packaging to decide whether the product is fine or not.

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