Explain about piecemeal modernization, Marketing Management

Assignment Help:

Explain about piecemeal modernization in the line modernization.

Piecemeal modernization is less of a drain upon the company’s cash flow. A main disadvantage of Piecemeal Modernization is that this permits competitors to observe changes and starts redesigning their own line.

In quickly changing Market Product Modernization is carried out incessantly since competitors are continuously upgrading their options. Every company should redesign their own contribution. A company would like to upgrade customers to higher valued higher priced items. A main issue is the timing of the product line improvement than they do not happen to untimely and damage the sales of their current product line or came out later so that the competitors can establish a strong foothold.


Related Discussions:- Explain about piecemeal modernization

Brand policies and strategies, Brand policies and strategies:   Other b...

Brand policies and strategies:   Other brand policies and strategies are: 1.       Multiple brand policy: under this policy, the manufacturer uses different brands for his

General marketing and marketing budget, 1. General Admin costs cover the ge...

1. General Admin costs cover the general running of the organisation. It includes rates, electricity and maintenance recovered from Council - see Income. 2. The high cost of a

Market analyse to promote the product, This assignment requires you to choo...

This assignment requires you to choose: a product and find a market to promote your product, or a market and analyse its needs and find a product to satisfy the

Explain about the online research phase, Explain about the online research ...

Explain about the online research phase. Online Research Phase: In the phase of online research, you should research your market. Who are your major competitors? What are

Traditional marketing communication strategies, Question: a) Describe ...

Question: a) Describe the differences between traditional marketing communication strategies and service business communication strategies. b) Show the key planning conside

Subjective method for measuring advertising effectiveness, Q. Subjective me...

Q. Subjective method for measuring advertising Effectiveness? Subjective method for measuring advertising Effectiveness: - There are a variety of methods given by different e

Describe the components of the promotion mix, Question 1: "Promotion p...

Question 1: "Promotion performs a significant and vital role in the marketing strategy of an organization." Using an organization of your choice, describe the component

Define the term service recovery, Question: The emergence of the Servic...

Question: The emergence of the Service sector followed by stiff competition in the industry has brought about the need to be supported with immediate service recovery strategi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd