Cycle 1
Think about a product or service you enjoy and describe its Life Cycle.
What does the term brand ambassadors refer to?
Why has the paradigm changed from "promotion" to communication"?
Cycle 2
What is the difference between the actual product and the augmented product?
What makes a product elastic or inelastic?
How can price become a quality signal?
Cycle 3
What is an advantage and a disadvantage of direct and indirect distribution?
What kind of businesses require to incorporate an Agent / Distributor in their distribution chain?
What is the difference between omnichannel and multichannel distribution?