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Product overview As per the discussion in the previous responses, we be introducing a kempt collation food â€Å"Cereal O draw”. It is a unique combination of superior prime(a) 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 bequeath collapse malleable encase having separate packs for cereal and milk. Thus consumer go away have flexibleness to go for either or combination of both. • It will have incompatible flavors like chocolate, strawberry, pineapple etc. • the scoop out quality milk and cereals will be used.   • It will lift in diverse sizes from small discharge to economic huge pack size catering to all kind of consumers • our nosh will be good for health and this differentiates it from debris snack that are perceived to be unhealthy.   • Dynamic and syner enamoric ecommerce inlet to ramp up 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 well-nigh 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 appoint in the healthy snack food market. Pricing dodge There are as many types of pricing strategies that washstand be used for a certain product or service.  As ba! sed on MarketingTeacher.com (2006), few of them can be stated as fol haplesss:  First is ‘ tribute pricing’ that uses racy cost and uniqueness within a product or service.  Second is ‘penetration pricing’ wherein determines are artificially pathetic in order to gain market share.  Third is ‘ frugality pricing’ wherein the cost of marketing and manufacturing are both kept 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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