Monday, September 12, 2011

Product

Product quality is one of the marketer’s major positioning tools. Quality has a direct impact on product or service performance; thus, it is closely linked to customer value and satisfaction. In the narrowest sense, quality can be defined as “freedom from defects.”   Marketing:  An Introduction, Chapter 7, pg. 13, Kotler.  The quality of my product will be made up off fresh ingredients grown locally.  I believe by supporting the local market it keeps the flow of money here in the state.  And whatever I can’t get here in Vegas I will get elsewhere.  In order for me to stay relevant in the food truck market a review of all food and music sold would be done quarterly.  Business analysis involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy the company’s objectives. If they do, the product can move to the product development stage.”  Marketing:  An Introduction, Chapter 8, pg. 17, Kotler.

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