What are the signs of the decline of a product

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Reference no: EM133666130

Assignment:

You will make a special decision about Cannibalization. Please take a look at the list of questions below before you make a decision and start to write a memo: Every product has a life cycle. What are the signs of the decline of a product? What are the causes of product decline? Can marketing tactics help reduce market cannibalization? If so, how? How can you use customer surveys in determining the need for a new product? What marketing strategy should you employ when introducing a new product? What method(s) will you use to price a new product? How might a new product make a shift in your distributor base? What choice did you make? Why?

Reference no: EM133666130

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