Product

Explore the world of products! Learn about different product types, characteristics, and strategies for development, marketing, and management.

19 min read
28 November 2022

How to Perfectly Prepare Your Product Launch Strategy – The Complete Checklist

Launching a new product is a critical moment for any business. This guide provides a comprehensive strategy for a successful product launch, covering customer research, unique selling propositions, pricing strategies, and product marketing. Learn how to build anticipation, target the right audience, and avoid common marketing mistakes.

14 min read
10 October 2022

What are Niche Products? Definition and Examples of Niche Products

If you want to stand out from the crowd in the world of e-commerce, you need to find products that are sought after, but face little competition. ...Customers who buy within a niche are willing to pay higher prices and are more likely to become loyal, long-term buyers.

11 min read
18 July 2022

What is the Core Product? Understanding the Core Customer Value of a Product

A core product is a company’s nucleus, the main product or service a company creates to meet a specific demand. These levels are well intertwined through the new product development process and marketing strategies, where they share a symbiotic relationship.

13 min read
28 March 2022

What is an Augmented Product? Product Augmentation Strategies and Examples

Product augmentation can be accomplished by adding a variety of different add-ons to the original product... The augmented product then contributes to a better customer experience. This also makes major contribution to brand loyalty and creates a favorable purchase experience for the customer.

20 min read
31 January 2022

The New Product Development Process (NPD) – 8 Steps to Success

Your Idea to Market Success: The Roadmap to New Product Development Got a brilliant product idea? Understand the steps to turning it into a profitable reality. Learn about idea generation, market research, concept testing, and the critical launch phase.

11 min read
6 November 2021

What is a Product and How To Build An Irresistible One

Tangible or intangible? Consumer or industrial? Core or augmented? Your product is much more than “something to sell”…

8 min read
6 January 2021

Marketing Strategies For Unsought Products – Sell when People Don’t Know They Need It

Many products aren't on consumers' radar initially – these are called unsought products. Learn effective marketing strategies specifically designed to create demand for products that people don't realize they need.

5 min read
28 December 2020

Marketing Strategies for Convenience Products – How to market Convenience Products

Convenience products are characterized by a number of criteria... Examples include bottled water, laundry detergents, fast food, sugar, and magazines. These products are usually low-priced and placed in many locations to make them readily available when consumers need them.

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