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© 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-2 MANAGING PRODUCTS AND BRANDS C HAPTER.

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Presentation on theme: "© 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-2 MANAGING PRODUCTS AND BRANDS C HAPTER."— Presentation transcript:

1 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-2 MANAGING PRODUCTS AND BRANDS C HAPTER

2 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-5 GATORADE: AN UNQUENCHABLE THIRST FOR COMPETITION

3 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin THE PRODUCT LIFE CYCLE Slide 11-6 Product Life Cycle  Primary Demand Introduction Stage  Selective Demand  Skimming Pricing Strategy  Penetration Pricing Strategy

4 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-7 FIGURE 11-1 FIGURE 11-1 How stages of the product life cycle relate to a firm’s marketing objectives and marketing mix actions

5 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-8 FIGURE 11-2 FIGURE 11-2 Product life cycle for the stand-alone fax machine for business use: 1970–2006

6 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin THE PRODUCT LIFE CYCLE Slide 11-9  Repeat Purchasers Growth Stage  Deletion  Harvesting Maturity Stage Decline Stage

7 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-10 Ford Escape Hybrid Automobile and Canon Digital Rebel Camera What stage of the product life cycle?

8 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-11 MARKETING NEWSNET Will E-Mail Spell Doom for the Familiar Fax?

9 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin THE PRODUCT LIFE CYCLE Slide 11-12  Length of the Product Life Cycle Some Dimensions of the Product Life Cycle  Shape of the Product Life Cycle Generalized Life Cycle High-Learning Product Fashion Product Low-Learning Product Fad

10 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin FIGURE 11-3 FIGURE 11-3 Alternative product life cycles Slide 11-13

11 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin THE PRODUCT LIFE CYCLE  Length of the Product Life Cycle Some Dimensions of the Product Life Cycle Product Class Product Class Product Form  The Life Cycle and Consumers Diffusion of Innovation Slide 11-14

12 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-15 FIGURE 11-4 FIGURE 11-4 Video game console and software life cycles by product class and product form

13 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin THE PRODUCT LIFE CYCLE Slide 11-16 Some Dimensions of the Product Life Cycle  The Life Cycle and Consumers Diffusion of Innovation  Early Adopters  Early Majority  Late Majority  Laggards  Innovators

14 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-17 FIGURE 11-5 FIGURE 11-5 Five categories and profiles of product adopters

15 © 2006 McGraw-Hill Companies, Inc., McGraw-Hill/IrwinSlide 11-23 Milk Processor Education Program What modification strategy?


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