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20
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In the stages of product development a working example of the product is created, what is this called?
Prototype
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What is a product life cycle?
shows the sales of a product over time
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What are the benefits of developing new products?
It helps the product stand out from competition, it helps the product to be developed
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monster
Reset all scores!
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gift
Win 25 points!
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fairy
Take points!
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25
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thief
Give points!
5
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25
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thief
Give points!
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25
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magnet
Take 20 points!
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gift
Win 15 points!
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baam
Lose 25 points!
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20
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What does USP stand for?
Unique Selling Point
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thief
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25
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fairy
Take points!
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25
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fairy
Take points!
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25
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banana
Go to last place!
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20
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The two types of market research are:
primary & secondary
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What is a benefit of branding?
It helps the product stand out from competition.
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20
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State the best example of brand loyalty is
when a consumer keeps buying products from the same producer
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20
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4 P's of Marketing (Marketing Mix)
product, price, place, promotion
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The Marketing Mix helps businesses to...
Meet the needs of their customers
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20
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State the correct order for the stages of the product life cycle.
Introduction, Growth, Maturity, Decline/Extention
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seesaw
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seesaw
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rocket
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banana
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