Principles of Marketing Term Paper Example | Topics and Well Written Essays - 1500 words

Principles of Marketing - Term parvenuespaper ExampleProducts that are marketed to a lower place private posts such as Wall-Mart and Carrefour Group are sell at a lower cost compared to other products of similar value. Low price without compromising timberland is the main factor that motivates con summers of goods under private label.Customers who seek the classification of products in one family brand are motivated to buy such products are motivated by availability of quality products under the brand. Customers who buy Del Monte fruit juice are likely to buy fruit products under the same brand.2) According to Abraham Maslows Hierarchy of Needs, take products from the industries mentioned below and identify a minimum of two products for severally level of the hierarchy. Then answer the follow-up questions.A product would be categorized in the applaud category rather than the social-belonging category due to its role in determining peoples attitude. In addition, the degree or quality of products in this class depends on social values.It is difficult to identify real(a) brand for the class of self-actualization products. This is because the value of products in this class depends on personal effort and abilities. For instance study in the best college does not make a person to be excellent in job solving.I would stand in a shopping mall and observe the visual reaction of customers concerning the new brand. I go out also observe peoples behavior when consuming the product for exemplar do they like to consume the Snapple drink while they are traveling or when seated graduate in a restraint with friends.I will introduce the drink to a selected population such as a school and analyze the students purchasing behavior for a period of one month. The invention will involve giving free sample to the students and requesting them to be buying the product.In the survey, I will observe people purchasing behavior such