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Product overview As per the discussion in the previous responses, we be introducing a kempt insect bite food â€Å"Cereal O draw”. It is a unique combination of superior woodland of milk and cereal.  This is suitable for all multifariousness of persons that is from kinds to senior citizens as discussed earlier.   The study features of the product are: • It result view as supple encase having separate packs for cereal and milk. Thus consumer al baseborn for have flexibleness to go for either or combination of both. • It will have incompatible flavors like chocolate, strawberry, pineapple etc. • the outstrip quality milk and cereals will be used.   • It will make sense in diverse sizes from small discharge to economic grown pack size catering to all kind of consumers • our pungency will be good for health and this differentiates it from debris snack that are perceived to be unhealth y.   • Dynamic and syner enamoric ecommerce accession to construct consumer loyalty Thus our product â€Å"Cereal o milk” is a unique combination of health, taste and affordability. just we will be also launch a health portal providing a forum for our consumers to interact and get to know intimately our different varieties of products and its benefits.

Pricing objectives The set objective is to maximize long-term tax and profitability by increasing the market bundle in the healthy snack food market. Pricing schema There are as many types of pricing strategies that faeces be used for a certain product or s! ervice.  As based on MarketingTeacher.com (2006), few of them can be stated as fol haplesss:  First is ‘ tribute pricing’ that uses senior high cost and uniqueness within a product or service.  Second is ‘penetration pricing’ wherein hurts are artificially low in order to gain market share.  Third is ‘ miserliness pricing’ wherein the cost of marketing and manufacturing are both unploughed low.  Fourth is ‘price skimming’ wherein there is high price for a...If you want to get a full essay, order it on our website: BestEssayCheap.com

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