Question: Describe it ( include its qualities and uses ) . 2 . Does it differ from products already available and if so , how much?

Describe it (include its qualities and uses).2. Does it differ from products already available and if so, how much? If theproduct does not differ from others on the market; describe its uniqueappeal.3. Is the product an innovative product? Is it just new to your company?Pinpoint the products position on the Adoption Life Cycle.4. Describe its branding and packaging.5. How is the product positioned?PRICE1. What factors affect your pricing decisions?2. What is your pricing strategy and objectives?3. Relate pricing strategies to competition.4. Relate the importance of the variability of product demand.DISTRIBUTION1. Describe the channels of distribution strategy.2. Relate distribution to final customer and characterize your distribution toselected target markets.

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