Essay Available:
page:
2 pages/≈550 words
Sources:
0
Style:
APA
Subject:
Business & Marketing
Type:
Case Study
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 9.72
Topic:
Four Products: Predicting Diffusion Case Analysis
Case Study Instructions:
Instructions
Read the case Four Products: Predicting Diffusion thoroughly, then answer the case questions. When drafting your answers, consider the information presented in the case.
Before submitting the Case Analysis, ask yourself:
1. Is my analysis clearly written?
2. Have I provided direct answers to the questions?
3. Do my answers incorporate proper analysis of the case?
4. Have I provided logical support for my answers?
5. Are the answers practical (if an answer contains a recommendation)?
Questions for Analysis
1. Which of the four innovations discussed in the case could have the fastest diffusion in the market?
2. Identify 3–5 factors that led/might have led to the rapid diffusion of at least one of the four products in a target market.
3. Which of the four innovations would appeal most to people in the market?
4. How quickly customers would adopt innovations described in the case and why?
5. What are the product characteristics detailed in the case that could support fast adoption?
Case Study Sample Content Preview:
Four Products: Predicting Diffusion Case Analysis
Student’s Name
Institutional Affiliation
Course
Instructor
Date
Among the four innovations described in the case, the Newton Running shoes would experience the fastest diffusion into the marketplace. The emotional appeal already exists to a niche number of dedicated athletes, particularly the forefoot runners. Newton shoes appeal to a performance-driven consumer because of their selling proposition of providing returned energy of up to 58%, which results from the shoes' design based on physics (Gourville, 2011). According to Wagoki et al. (2019), endorsements by elite athletes such as Paula Newby-Fraser help elevate the credibility of the products and spur rapid uptake among triathletes and marathoners looking to improve their performance.
Many aspects add to the quick diffusion of Newton Running shoes, one of the four products described in the case. The role of niche targeting is significant. In that respect, the product targets forefoot runners; among the runner’s market, this is a minority but a high-devotee performance lot. Second, the association of the product with elite athletes, like in this instance with Newby-Fraser, is reaffirming and contextually earning trust for customers looking for professional-grade gear (Wagoki et al., 2019). Finally, the uniqueness of Newton Running's technology, how the shoe uses physics to crank up energy return gives athletes a competitive edge especially in a market where slight performance improvements can mean the difference between first and last.
While Newton Running shoes may rapidly diffuse within a niche, PB Slices could be more mainstream. PB Slices are individually wrapped slices of peanut butter and help to overcome one of the most common complaints with peanut butter: spending time spreading it on bread (Gourville, 2011). The ease o...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
👀 Other Visitors are Viewing These APA Essay Samples:
-
follow the word
7 pages/≈1925 words | No Sources | APA | Business & Marketing | Case Study |
-
Metabical-Packaging, and Demand Forecasting for a New Weight-Loss Drug Case Analysis
3 pages/≈825 words | 1 Source | APA | Business & Marketing | Case Study |
-
TruEarth Healthy Foods: Market Research for a New Product Introduction Case Analysis
3 pages/≈825 words | 1 Source | APA | Business & Marketing | Case Study |