Wednesday, March 16, 2011

EOC Week 10: What Channels are you going to do to get your product noticed?

The Channels that I will be using to get my product to the consumer would be things such as media space and time which would be television, newspapers, social media, and radio. These will be expensive but they are very good when it comes down to advertisements and selling your product to the consumer.

Wednesday, March 9, 2011

EOC Week 9: Three Great Mission Statements


As we talk about mission statements I have 3 great in mind that I want to share. First this is a great quote the book came up with which is “"A mission statement is a statement of the organization’s purpose—what it wants to accomplish in the larger environment. A clear mission statement acts as an “invisible hand” that guides people in the organization." (book, chapter 2, page 5)

Wednesday, March 2, 2011

EOC Week 8: Disatrous New Products


A product thank I think would never work would be something like an electronic babysitter, money shredder, and self dress in the dark machine. One reason why I wouldn’t carry an electronic babysitter is because, those things are dangerous, I mean you don’t really know what’s going to happen to your baby until it really happens , which Is a very terrible thing to do. Another thing I wouldn’t do would be something like a money shredder. Those things would be heart breaking because why would you shred money when you need it. The answer is it may be for people who hate money or don’t ever want to deal with money but the thing is…who would want to destroy any type of money, even if it’s a dollar! There’s really no end to what you can do with different products or how you make them up. It really depends on how it works in the end. Another thing that would be a major disaster would be something that dresses you in the dark. That would be really ridiculous to have something like that considering you wouldn’t really want something dressing you in the dark, you would literally cry, because you would look ugly getting out of your closet. Overall in my opinion having bad ideas can be good ideas, because it’s a turning point to a great Idea, and who knows it may be big, depending on what you make it to be.

FINAL PROJECT: Implementation Evaluation Control

FINAL PROJECT: Price

My product is going to cost $4.79

(WENT TO WAL-MART)

FINAL PROJECT: Promotion


FINAL PROJECT: Distribution

Further enhance the Flare out styles image with the consumer by targeting prestige hot spots and shopping destinations. This is important when selling your product to the consumer. It also helps out when you need to better distinguish characteristics of our business that will be the combination of management experience, and distribution experience, high-quality, and exceptional customer service.  What really sets up apart is that we are the only a distribution company servicing hair products and specialty hair spray for men in the Las Vegas market.   In addition, Flareout Styles has an exclusive contract to distribute a new, groundbreaking product for men that would enable us to gain immediate access to a majority of the potential customer base.

The production concept is still a useful philosophy in some situations. For example, computer maker Lenovo dominates the highly competitive, price-sensitive Chinese PC market through low labor costs, high production efficiency, and mass distribution.
(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions 6.4.5.1).
Many companies follow the selling concept, which holds that consumers will not buy enough of the firm’s products unless it undertakes a large-scale selling and promotion effort. The selling concept is typically practiced with unsought goods—those that buyers do not normally think of buying, such as insurance or blood donations. These industries must be good at tracking down prospects and selling them on product benefits.
(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions 6.4.5.3).