Find out sources of raw materials, production process, marketing strategies, and difficulties encountered in the production of the given consumer products such as wine, vinegar, soap and processed foods.
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- Find out sources of raw materials, production process, marketing strategies, and difficulties encountered in the production of the given consumer products such as wine, vinegar, soap and processed foods.
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- The vast array of products that consumers buy can be classified on the basis of shopping habits and are broken down into four main areas. List these four main classifications of consumer goods and explain what elements are included within.product that does not exist today for which there is a market needPick three products you use every day (in school, at work, or for pleasure—perhaps one of each). Determine what phase of the product life cycle each is in. Evaluate the marketer’s strategy (product, price, promotion, and distribution) for the product and whether it is appropriate for the life-cycle stage.
- What would be required for consumers to have the necessary knowledge about a product and how it was made so that they could make an informed and ethical decision? The media? Commercial watchdog groups? Social-issues campaigns? Something else?which technology change affect consumer tasteOutline the six steps in the consumer decision process.