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Report on Marketing your Product
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- Thu Nov 24 2005
... Report on Marketing your Product Introduction For my project I have designed a product that I am going to sell on the market. I will be using the four 'P's of marketing to successfully complete my project. My product is called the MicroVision. It displays a TV screen where you would normally watch your food go around on the microwave table. The product comes with a remote control and buttons, which will control both the microwave and TV, built into the main body of the MicroVision. Market Research Why Market Research? Market research is the process of collecting, presenting and analysing information about a particular product or service. Market research can provide your firm with a thorough understanding of its market, customers and competitors, and can help your company gain a strong position in its industry. It can also reduce your costs and time to market. However, many companies limit market research costs despite the fact
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