When companies launch products, they aim for a strong consumer interest, high sales and profitability. Products that are launched are the result of many months and often years of new …
Product Marketing
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Marketing BasicsProduct Marketing
Market Penetration Strategies – 6 Ways to Increase Market Share in Your Industry
by MaxThere are 6 market penetration strategies that are commonly deployed to increase market share. In this article we weigh the pros and cons of a market penetration strategy and thoroughly …
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If you want to stand out from the crowd in the world of ecommerce, you need to find products that are sought after, but face little competition. This is often …
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Marketing BasicsProduct Marketing
What Is Product Marketing? Definition, Strategies and Examples
by MaxWhat many consumers don’t realize is that nothing is random about any of the products sitting on shelves in any store or online. Some may see the colors on the …
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Marketing BasicsProduct Marketing
What is the Core Product? Understanding the Core Customer Value of a Product
by MaxThe market is categorized between customers’ needs and whomever provides products or services to meet this demand. A core product is a company’s nucleus, the main product or service a …
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You may know already that a product is a multi-layered concept. When talking about products, marketers generally distinguish the core product, actual product and the augmented product. Here, we want …
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Marketing BasicsProduct Marketing
What is a Product? Definition of Products and Different Types of Products
by MaxAlthough it may seem obvious, there is much more to products than you may be aware of. What is a product, and which product types are out there? Is there …
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Marketing BasicsProduct Marketing
Marketing Strategies For Unsought Products – How to generate demand if people don’t know they need your product
by MaxIn the marketplace there are many products that consumers are eager to buy. However, there are also other products that consumers are not very interested in buying or don’t know …
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Marketing BasicsProduct Marketing
Marketing Strategies for Convenience Products – How to market Convenience Products
by MaxThere are four distinctive types of consumer products: Convenience products, Shopping products, Specialty products and Unsought products. We take a closer look at convenience products and in particular shed light …
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Marketing BasicsProduct Marketing
Stages of the Product Life Cycle – Real-Life Examples from Launch to Decline
by MaxThe product life cycle describes the steps a product goes through from beginning to end until it eventually disappears from the shelves. There are four stages of the product life …