Preface
( In order for a marketer to create a marketing mix the first thing they need is a product. There are different types of consumer products, they go from convenience products that are cheap everyday things like soda and toothpaste; to specialty products that you are willing to die for like a new car. Companies must determine the line the new product is going to be in so that they can figure out how they are going to advertise it, package it and what their target market is going to be. Companies most also determine when they should modify their products in order to meet the consumer needs more accordingly, or they should plan an obsolescing which means that they'll modify a current product and so that those that have already been sold become useless to the consumer before they really need a replacement. Brands are very important for a company because that's the way people recognize their products and buy them, people develop brand loyalty and that gives you frequent buyers. Trademarks are also important because they are the symbols that identify a product, for example we can all recognize a Yankees (NY),a Coca Cola bottle, and the Facebook logo from a mile away. The way Firms package their products is very important because the package not only protects the product but also advertises it and informs the customer about the product. You need to make sure that the packaging is the adequate one for the place the product is being send to in order to avoid any damage to the product, the package also needs to be easy to store, ship, and stock so that wholesalers and retailers can be as happy with your product as they can be. In conclusion even the best product in the world can't be sold if it doesn't have a good brand backing it up and an attractive package.)iPod
![]() |
Introducing a new product to the market can be very risky for any firm no matter how big or small; but Apple hit the target when they 1st introduced the iPod on October 23rd, 2003. The 1st iPod was 5GB, $400, and only compatible with Mac, the advertising campaign that was in place was called "1,000 songs in your pocket. It's been just over 7 years that Apple introduced this magnificent devise and since, they have introduced 22 different iPods and I'm sure they are working on the next already. Apple's ability to keep on reinventing the iPod making the design more beautiful each time around and the amazing new features that they have pioneered in the mp3 player market that makes you want to go out and buy the new version before the old one is broken; that is a perfect example of how Apple makes a planned absolescence work. The iPod is a specialty product, that's why people are willing to pay alot more for an iPod than a regular mp3 player and won't replace it with any other music player. There are currently four products in the iPod's product line, the iPod shuffle, iPod nano, iPod touch, and of course the iPod classic. The iPod's white ear-buds have become an iconic symbol of the 21st century; they are manufactured by the Fostex Corp. in Japan. Without a doubt they key to success is to have a great product backed by a very well know brand, Apple.
![]() |
Brand |


No comments:
Post a Comment