Positioning a New Product for Success
Topic: Positioning a new product for success. Be sure to explain what these terms mean and how they relate to one another
Product: you can choose to write about a real or an imaginary product that you make up. You cannot write about electronic stores.
Use the topic or prompt to structure your essay. Tell me about a new(or existing) product/service ( real or imagined) by describing what it is (its features and attributes) amd what benefits it offers. Tell me what you want to achieve( what constitutes success) in terms of target audience, market penetration, short or long term sales, competitive advantages and market dominance. Finally, position the product, that is, tell me what you want your target audience to think and fell about the product so they will be motivated to purchase and try it and thereby help you reach your goals.