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Describe four product types and purchasing practices with an example of each product type.
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- Describe the stages of the product life cycle (PLC) and how marketing strategies change during a product’s life cycle.Explain what is meant by a hierarchy of needs and provide examples of one or more products that enable you to satisfy each of the four levels of need.Describe the differences b/w functional and innovative products?
- Discuss the unique marketing characteristics a product or service requires based on the specific phase of the product life cycle.Briefly introduce your own product (goods or services) And explain why you choose or create that brand name of your product.Please assist Based on a retail store that sells clothing for the age between 8 and 40 years . Construct a diagram depicting one of your product category lifecycles.