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Question
How do you make a product mix?
How do you make a product mix?
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Solution
The following steps can be considered when creating a product mix:
- Determining the goals and objectives of the company.
- Establishing a working budget.
- Identifying the unique selling point.
- Segmenting the market.
- Taking reviews from existing customers.
- Displaying the contents of the products clearly.
- Building acquaintances with channel distributors.
- Determining the pricing strategy.
- Picking an appropriate promotional technique.
- Using inbound marketing.
The following steps can be considered when creating a product mix:
- Determining the goals and objectives of the company.
- Establishing a working budget.
- Identifying the unique selling point.
- Segmenting the market.
- Taking reviews from existing customers.
- Displaying the contents of the products clearly.
- Building acquaintances with channel distributors.
- Determining the pricing strategy.
- Picking an appropriate promotional technique.
- Using inbound marketing.
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