Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The product mix is the collection of products lines and individual products that a business offers. Each of these product lines is intended to attract a specific customer. By increasing the number of product lines, businesses put themselves in a position to cater to a wider consumer group. In this video I'll describe the product mix and provide an example using popular consumer hardware and software company Apple.
Views: 43928 Alanis Business Academy
When deciding whether to drop a product line, the only things that should be considered are the contribution margin provided by the product line and the fixed costs that could be avoided by dropping the product line. This is important because fixed costs are sometimes allocated to product lines, which can distort managerial decision-making by creating the appearance that the firm would be more profitable by dropping a product line that may appear unprofitable because it is being allocated fixed costs that would not disappear if the product line were dropped. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 39453 Edspira
Get a FREE Product Pyramid Worksheet right here: http://shetakesontheworld.com/2014/01/my-product-pyramid/ Do you feel your business isn't growing as quickly as you'd like it to be? Or is your revenue really low even though you've created all this great stuff for people? It might be a good time to re-assess your product strategy so you can grow your business into the ultimate vision you have for it. I think one of the biggest barriers to business growth is not offering the *right* product or service to your audience. Until you've got that right, you're holding yourself back from your fullest potential. In today's episode of She Takes on the World TV I'm sharing my Product Pyramid, which I use to create cohesive products and packages for my company and my clients' businesses too. Watch it right here, and then download the free worksheet to go along with this episode:
Views: 5369 Natalie MacNeil
Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The product mix represents the collection of different products that a business offers its customers. With an understanding of the product mix, businesses can develop a strategy to reach their customers by offering the right collections of goods and services. Learn more about the product mix in the latest lecture from Alanis Business Academy. In addition to learning general information about the product mix, you'll also learn how some of the strategy behind widening and narrowing a product mix.
Views: 42393 Alanis Business Academy
Career expert Suzy Welch profiles 16-year-old Zandra Cunningham, who started a skin care line when she was only 8. Suzy also tells Kathie Lee and Hoda how parents can help their kids turn a hobby into a small business. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Google+: http://on.today.com/PlusTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY This 16-Year-Old Entrepreneur Has Her Own Skin Care Line | TODAY
Views: 88542 TODAY
Products, product lines, research and development (R&D), product development. This video lesson series helps you learn fluent business English. I am a free school teacher who posts videos every day. I wish you the best of luck in learning how to speak, read and write English. Tutors are good for talking practice but these ESL lessons are free for you to use. Please subscribe to get the newest videos.
Views: 7697 TeacherPhilEnglish
Must see! Don't miss out! Make money by making your own products and selling them. You can get it packaged by Gables Cosmetics. S. Miller, the chemist of the company, explains what it takes to make your products, what are the ingredients, how much it will cost him, and what do you need to market. Learn how women will buy your product line; do you want natural or not. Get business advice. Learn how the first soap and shampoo were made and who made it first. Do you want to make silicone for shiny hair? Learn where to get it; what chemical companies have it, and how to market it. Learn how was Redken created. How many product lines did Jerry Redding make and lose it to his women (wives at a time). About Nexus, Joico, Sebastian, Paul Mitchel and L'Oreal. How did L'Oreal win over Clairol. Does it mean Clairol is not "worth it?" Most products have the same ingredients, but different sales pitches make different prices. To buy brand or not to buy brand. Shampoo ingredients; water, SLS (sodium Laureth Lulfate) or Ammonium Laureth Sulfate; those are the ingredients, the rest are buffers for marketing. Thick or thin shampoo; the salt is the matter. Salt makes shampoo to thicken, but, is it good for you? How much do you pay for shampoo. How much does it cost. $14 cents a gallon for gel? Yes, it is possible. Watch how S. Miller makes gel in front of your eyes; water, carbopol, color and perfume. Add salt if you want it to magically turn into a spray gel. About Johnny B and his gel accident that became a popular gel. Learn about cuticle oil, it's pricing and mineral oil as the main ingredient. Did Germans invent the detergent. What company started to manufacture silicone; is it really made of sand? Is coconut oil organic; do they mix acetone with it? Gel or mouse? Which one to chose as a styling aid for your hair. An eye opener video, so much information for cosmetologists, barbers, beauty school students, salon professionals, entrepreneurs who would like to make money by making their own products through private labeling and making it a popular brand. Where to sell it; is Costco a good choice to diversify your products that were exclusive to salons when you started to market it. Learn marketing techniques. Video by beautyhealthtravel channel. Guest speaker S. MIller.
Views: 300792 BeautyHealthTravel
Got any questions? Ask me on Facebook: http://www.facebook.com/aleksander.vitkin Check out my free business training: http://www.vitkin.net Today, you are going to learn how you can build a new business based on what you have learnt from your clients. Vlad, who is very good at learning from his clients and developing new business models, is our guest today. You have to be good at the service that you deliver. Being good at something brings more confidence in you and once you are confident enough that you could invest some money in a similar business model, then you can go ahead and do it. The members in our mastermind Daily Business Hustle start with service businesses. That’s because they can work with many businesses and learn very valuable things from them. They can learn their business models from the inside out. You can learn how they run their businesses. Once you have a good stream of cash flow coming in from your service business, you have to invest right away. You cannot expect your business growth to be always positive. There are fluctuations in every business and your job as a business owner is to predict them. Investing money into something valuable for your business is the thing that can prevent your business from going down. You have to take advantage of the period when your business was on an upwards spiral of success. That is the time when you have to invest in your business or invest in another business. Right now, Vlad has a very good time in his service business and is investing more money into a second product business. His goal is to make his second business reach the 6 – figure mark. The product-as-a-service business model is gaining popularity as companies look to establish lucrative subscription-based product lines. Sometimes founders realize that they’re essentially solving the same problem over and over again for their customers and decide to capitalize on that demand by creating a product solution. Running a product business is more scalable than service business. There are a lot of things you need to take into consideration when running a service business like contracts, high quality clients. You have to hire the right people and have a really good project manager. Once you have a market that is big enough and you have a product that is scalable, then you can be a lot more successful than with your service business. You can learn successful and profitable business processes, if you are doing the delivery of product based company. Then, after you see what works and what does not, you can start your own product company. This is not stealing the business model. This is learning the market. If you play with the big boys, you get treated like a big boy. Product businesses are superior if you have the cash to play with and the willingness to take risks. As soon as you earn enough money from your business, you should dedicate it to invest in another business model. It’s possible to lose this money, but if you do it in a proper way and you can make the second business profitable as well. This second business will make you feel more secure and stay safe. There are always going to be fluctuations in your businesses and if something happens with one of your business, this won’t be a disaster, because you have a second business.
Views: 278 Business Mentor
What is PRODUCT LINE? What does PRODUCT LINE mean? PRODUCT LINE meaning - PRODUCT LINE definition - PRODUCT LINE explanation Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. In marketing jargon, product lining is offering several related products for sale individually. Unlike product bundling, where several products are combined into one group, which is then offered for sale as a unit, product lining involves offering the products for sale separately. A line can comprise related products of various sizes, types, colors, qualities, or prices. Line depth refers to the number of subcategories a category has. Line consistency refers to how closely related the products that make up the line are. Line vulnerability refers to the percentage of sales or profits that are derived from only a few products in the line. Product lining is a marketing strategy that companies adopt which they offer products in the same product line for sale individually (Krishnamurthi, 2007). Product line is a group of related products defined by their functions and customer market, forming a “line" or category (Neubauer, Steffen & Margaria, 2003). For instance, the variety of coffees that are offered at a café is one of its product lines and it could consist of flat white, cappuccinos, short black, lattes, mochas and etc. Alternatively, Product line of juices and pastries can also be found at a café. In comparison to product bundling, which is a strategy of offering more than one product for promotion as one combined item to create differentiation and greater value, product lining consists of selling different related products individually (Chen, 1997). The products in the product line can come in various sizes, colours, qualities, or prices. The benefits from having a successful product line is the brand identification from customers which result in customer loyalty and multiple purchases (Kekre & Srinivasan, 1990). It increases the likelihood of customers purchasing new products from the company that have just been added into the product line due to the previous satisfying purchases (Krishnamurthi, 2007).
Views: 6630 The Audiopedia
Five incredible machines for manufacturing at your home workshop. THUMBNAIL is the 5th product in the video - Opencreators 3d printer. For more information follow the links below. 0:07 ➤ WAZER Desktop Waterjet Cutter - https://www.wazer.com/ 2:39 ➤ Dobot M1 Robotic Arm - http://www.dobot.cc/dobot-m1/product-overview.html 5:44 ➤ Maslow CNC Cutting Machine - http://www.maslowcnc.com/ 8:03 ➤ Kniterate Digital Knitting Machine - http://www.kniterate.com/ 10:39 ➤ OPENCREATORS BS210 Automated 3D Printer - http://opencreators.com/ Part 2 - https://youtu.be/M2Av1DC3Jbc, Part 3 - https://youtu.be/wX_W_wWS9YI ~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~ Note: The purpose of this channel is to showcase new and best inventions and projects from crowdfunding sites in high quality videos. This is not a spam channel, the editor has respect for his subscribers and viewers and would never spam with old or irrelevant stuff. Thanks to all my subscribers and viewers for watching and also thanks to YouTube for making it possible. ~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~ Disclaimer: The footage in this video was created as promotional/educational material which qualifies as Fair Use. If you are the creator or own the footage and have reservations please notify me via youtube comments or email and I will accommodate you.
Views: 593814 Cool Gadgets & Stuff
How to create your own natural hair products line using free formulas. Where to find free cosmetic formulas. To sign up for free courses, be notified of upcoming workshops (with early bird discounts) and to hear from me regularly by email – sign up below. Hitting reply to any of my emails will guarantee that I see your email and answer your question. In 2018 I will be hosting 2-3 low-cost workshops per month. If you don’t want to miss out on the skin or hair care product making topic of your choice, be sure to be signed up for the newsletter or like me on FB. www.prosperinbeauty.com I go live on Facebook 1-3 times a week. To be notified of content and resources I only share on Facebook, be sure to like my FB page. https://www.facebook.com/Prosper-In-Beauty-311187042411092/ Follow me on Twitter. If you have a product page or are sharing things I like – I will follow you back. I am always looking for great products to promote. https://twitter.com/ProsperInBeauty If you are interested in mentorship, or for other business inquiries please email me at: [email protected] If you want to buy my book on making conditioners and shampoos on curly or coily hair go here. I am currently in the process of writing more books and creating more recorded workshops, demystifying these processes for your ease of learning. http://www.prosperinbeauty.com/conditioner-ebook Thanks for watching, subscribing, liking, sharing and above all working on your dream. I appreciate you and your work more than you know. Blessings and gratitude Eden
Views: 40260 Eden Croft
Watch the latest from New Venture Mentor: "How to Beat Your Bigger Competitors in Attracting and Retaining Top Talent" https://www.youtube.com/watch?v=b4OD44N7a6k --~-- This video gives a brief description of the Boston Consulting Group (BCG) Matrix method of analyzing various product lines within a business.
Views: 64785 Cate Costa
What is PRODUCT LINE EXTENSION? What does PRODUCT LINE EXTENSION mean? PRODUCT LINE EXTENSION meaning - PRODUCT LINE EXTENSION definition - PRODUCT LINE EXTENSION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A product line extension is the use of an established product brand name for a new item in the same product category. Line Extensions occur when a company introduces additional items in the same product category under the same brand name such as new flavors, forms, colors, added ingredients, package sizes. This is as opposed to brand extension which is a new product in a totally different product category. Line extension occurs when the company lengthens its product line beyond its current range. The company can extend its product line down-market stretch, up-market stretch, or both ways. Product line extensions are a process where companies with an established brand alter the factors of a product or products to satisfy a refined segment in the market. There are two types of product line extensions, horizontal and vertical. Horizontal extensions consist of keeping the price and quality consistent, but changing factors like flavour or colour to differentiate the products. Vertical extensions consist of increasing and decreasing the quality and price to create inferior and luxury goods. These product line extensions are often closely related to existing products in a brands portfolio, but targets specific brand consumers through this approach. Product line extensions help companies identify and tend to the needs of refined target markets. This approach is a way to try and increase company sales, as well as expanding their brands product portfolio within the desired market. This expansion of a company’s product line also increases their competitive impact, and if applied appropriately, their advantage within the intended market. Practically, when brands apply a product extension strategy they can often benefit from the new addition or additions. This is as extending their product line enlarges their product portfolio and as a result provides the consumers with more variety to choose from. This is positive, as consumers tend to enjoy being able to have choice and through expanding a brands product line, the brand is providing this choice. Investing in this approach is commonly pursued by companies due to their desire to create revenue and to advance their competitive status against rival companies. The advantages when undergoing product line extensions is that the new product or products are commonly closely related to existing products, so the company often has the appropriate production process and capacity to produce the new product or products. Issues facing product line extensions can include company’s investments in the new products without the desired return. The product may come at a loss or may not be able to make enough of the return the company was forecasting for. The new addition could also send confusion to the company’s customer base, and in turn negatively affect the loyalty they have for the brand. This can evidently become a long-term risk in terms of brand image, as consumers may have a new view of the brand as cheap, in the case of downward extension, or unrealistic and unreasonable in terms of upward extension. An issue also connected to the extensions, could result in the production process becoming more and more complicated as a result of new products, this could affect the company’s efficiency and quality in the production of the brands product range. An advantage of extending company product lines is the likely rise in sales, demand and market share. Product line extension increases the amount of different products available to consumers, and through adding more products into the market it keeps consumers interested. This can be helpful in avoiding customer base loss.
Views: 3406 The Audiopedia
Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically. #Marketing #Marketing101 #GrowBusiness
Views: 59387 Intellectual Indies
Relevant Costs & Short-Term Business Decision Making: Dropping a Product Line - Example
Views: 1323 Brian Routh TheAccountingDr
In this video I discuss business goals, and choosing your products. It would be beneficial to write down your ultimate business goal, and write down the options you have for potential products. Then write the pros and cons for the products like cost to produce overhead, existing market etc (if you know... I will discuss way to do market research in another video)
Views: 1125 Heather Wells
Corso di inglese Business lezione 53 product lines, development posted http://www.marketingisa.com/traduzioni.html
Views: 24 marisa mission
Learn more about the Boston Matrix model here on the tutor2u website: https://www.tutor2u.net/business/reference?q=boston+matrix The Boston Matrix is introduced and explained in this short revision video.
Views: 168305 tutor2u
CEO Ada Polla shares her tips on how you can choose the right product lines for your spa business. SHOP OUR PRODUCTS HERE: https://www.alchimie-forever.com/ -------------------------------------------------------------------------------------------------------- FOLLOW US ON SOCIAL MEDIA: FACEBOOK: https://www.facebook.com/AlchimieForever/ INSTAGRAM: https://www.instagram.com/alchimieforever/ #alchimieforever #skincareproducts #choosingvendors -------------------------------------------------------------------------------------------------------- ABOUT ALCHIMIE FOREVER: The Polla family’s dedication to the development of anti-aging technologies, research of antioxidants, and the use of lasers in dermatology led to the creation of Alchimie Forever. We firmly believe that healthy, youthful looking skin, can be achieved using safe, effective botanicals, combined with safe, effective synthetics. Building on the heritage of our Swiss medical aesthetic institute and our commitment to pioneering dermatological advances, we create skin care products that provide visible results for all skin types, especially sensitive.
Views: 31 Alchimie Forever
Ok ok. I'm always telling you to create a product line and release it as a set to go 'instant designer' but would you like to see an example of a successful product line launch? Don't know how to make a product line from scratch? I have a training for that: http://freehandmadetraining.com --Enjoy!
Views: 7291 Renae Christine
http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! In this video I answer a question from one my readers who asked: "I have an idea Marcos how I can start a cosmetic line with little Capitol but my problem is how I would get valued customers to continuously buy my products.... Can you help with some insight? Gabe1ndonli"
Views: 76946 Evan Carmichael
This video about the product mix and 4 dimensions of product mix.
Views: 1094 Management Tamizha
This video shows a quick way to decide whether a product line should be dropped: (1) calculate the contribution margin that would be lost by dropping the product line (2) calculate the fixed costs that would be avoided by dropping the product line If (2) is higher than (1), drop the product line. If (1) is higher than (2), keep the product line. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 12494 Edspira
Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 24358 study with chanchal
Marketing Management Strategic Business Unit l Product & Product Line l Part 11 1. Strategic Business Unit - 00:00:17 - 00:01:47 2. Product and Product Line - 00:01:50 - 00:02:53 3. Mission Statement & Advantages - 00:02:54 - 00:07:25 Video by Edupedia World (www.edupediaworld.com), Free online Education; Click here https: https://www.youtube.com/edit?video_id=lyQ5vNmYR5M&video_referrer=watch for more videos on Marketing Management; All Rights Reserved
Views: 3047 Edupedia World
If I could give you one basic plan to growing your your business in the long run, then it would be this. Start with creating low end products ($47 and less), then create recurring products (monthly charges), then finally advance to only creating high end products ($1000+ coaching and services) - Justin Atlan
Views: 753 Justin Atlan
In this lengthy video, licensing expert Stephen Key demonstrates how to review a company's product lines to help you determine if your invention idea is a good fit for that company. Remember: Your goal is to build a longterm relationship. If you rush this step and send a company ill-fitting product ideas, their open doors will likely close. And certainly this will not be appreciated. This step is not to be rushed! Stephen dives deep into the kitchen company's OXO's product lines to show inventors how to determine which companies are a good fit for their invention ideas. Sometimes, you have to read between the lines. Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. Visit http://www.inventright.com for more information and to become their student. Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas. New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB. Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2. inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.
Views: 1565 inventRightTV
Launching new handmade products online via Etsy, Shopify or any e-commerce platform can be daunting. Here's my process of creating a new product line. Everything from prototyping, hiring someone to photographing and creating a social media buzz. ▼▼▼MORE INFO BELOW▼▼▼ Email Newsletter List: http://eepurl.com/biNlZT Tutorial on How to Use our Hair Pins: https://www.youtube.com/watch?v=iI5KuUXI37k Please comment/subscribe. Let me know what you think! ------------------------------------------------------------------------------ MY BUSINESS - MANE MESSAGE: MANE MESSAGE: http://www.manemessage.com ETSY SHOP: https://www.etsy.com/shop/ManeMessage ------------------------------------------------------------------------------ SOCIAL MEDIA: TWITTER: http://www.twitter.com/manemessage INSTAGRAM: http://www.instagram.com/manemessage FACEBOOK: http://www.facebook.com/manemessage
Views: 3763 Olivia Hayward
Spring product lines are underway! Let's talk about a few tips that will make your launch mega-successful! ↓ OPEN FOR LINKS ↓ -Join the free Handmade Alpha FB Community: https://www.facebook.com/groups/772224759624598/ -Join the Handmade Alpha VIPs to get your free training guide covering how to gain FANATICAL FANS on FB: http://eepurl.com/cRrQcb COMMENT with an Etsy or Marketing topic you'd like to learn for future videos! _____________________________________________________ -My Etsy Shop: https://www.etsy.com/shop/ArtbyStarlaMoore -My Shop's Facebook Page: https://www.facebook.com/ArtByStarlaMoore/ -My Shop's FB Group: https://www.facebook.com/groups/1593371557583845/
Views: 5330 Starla Moore
According to a May 2012 study by Catalina Marketing Corporation, 27% of sales of a brand's new product line extension, and 42% of purchases by existing brand buyers cannibalize sales of the brand's other products. If you feel your business results may be a part of these statistics, it may be time to rethink your research approach to line extensions. In this short 12-minute webcast, Liz Yandall, Account Executive at InsightsNow, Inc. provides: an overview of the business of line extensions, and offers an effective approach to screening ideas, flavors or varieties. She also offers sample results from a summer themed research study. The study uses Tournament+TURF, a proprietary approach by InsightsNow, which incorporates multiple measures that address choice, purchase intent and purchase frequency. The outcome gives you a better chance for success...on the shelf, and in the marketplace.
Views: 85 InsightsNowInc
Short-Term Business Decisions: Product Mix - Example
Views: 1998 Brian Routh TheAccountingDr
Best MLM & Network Marketing Companies FACEBOOK.COM/NETWORKMARKETINGGENIUS/ Amway: AMWAY.COM/SCOTTFAMILY/ Ambit Energy: LegalShield: $.99 Training: http://funnels.geniusim.com/networkmarketingdownlineexplosion/ Start with a business mindset: 1. Company discovery 2. Income basics 3. Business training It’s difficult to summarize MLM for everyone 6 core Network Marketing groups 1. Health & lifestyle products 2. Just health 3. Essential oils + Health 4. Beauty 5. Anti aging 6. Service based • Notable companies • Not-so notable companies Why Health as your main MLM choice • #1 health is required by everyone • #2 at least 37% of the population struggle with obesity and nearly 80% are considered overweight cdc • #3 health supplements, sports nutrition, and weight control make up billions of dollars in global sales revenue • #4 health is an evergreen product people continue to go on and off health supplements everyday, trying new things, and finding different ways to succeed • #5 residual income • #6 high net value per product MLM Health Companies of interest 1. Amway #1 pick in overall companies • Amway’s has a proven history – chasing fads is not the wisest choice for newbies – use tried and true companies. • Amway is the #1 selling brand of vitamins and dietary supplements, in the top 5 selling premium skincare brands, and millions in annual charitable donations. • Amway is staying ahead of the curve – unlike other brands who continue to use network marketing models that have been long gone, amway charges ahead in providing ibo with internet friendly tools, resources, and promotion techniques. 2. Forever living • These companies are optimal because they offer products in a wide range or health, home, and beauty products. This makes these companies a good fit for building an actual business and not just promoting a limited range of products. Just health for Network Marketing 1. Plexus worldwide • Supports simplicity with a core group of products that is simple to use and promote. • Simple and effective compensation plan. • Trending in very positive direction compared to competition. (especially considering their age) • Leading edge products that are unique, consumer aware, plus they support ambassadors with an ambassador board 2. 4life • Tested by numerous third parties and independent college studies • Unique transfactor technology gives their products a boost in originality and true performance advantages • One of the top compensation plans and honestly my favorite • Top of the line health + sports nutrition product lines Pitfalls of MLM Companies health products • Health requires that you are willing to learn the industry and not just sales. • You must become health conscious and be willing to be a product of the product. Essential oils 1. Doterra 2. Forever living 3. Young living Essential oil MLM Companies pros & cons as primary MLM company Pros • High product net value • Popular and trending now • They seem to receive rave reviews Cons • How often are customers purchasing? • Do customer really need or want essential oils enough to continue long term purchasing? • Great as an add on product or company. Just beauty for MLM 1. Younique • Quality and chemical conscious. • Product simplicity – beauty at its core. 2. Avon • Industry proven and time tested • Multiple product lines and fashion accessories 3. Mary kay • Industry proven and time tested • Multiple product lines and fashion accessories Beauty MLM Companies pros & cons Pros • High consumer need – daily use and high percentage of females utilize some form of daily beauty products. • If you’re a fashionista then you could go a long way with beauty as your main/only product. Cons • How often are customers purchasing? • Product net value is not optimal. • Great as an add on product or company. Anti aging for MLM 1. Jeunesse 2. Nerium Anti-aging MLM Companies pros & cons Pros • You can seemingly stop signs of aging and improve age related ailments. Cons • How often are customers purchasing? • Seriously what is the potential for market penetration. • Difficult to sale and maintain repeat customers. • Great as an add on product or company. Service based MLM Companies 1. Ambit energy • The energies industry in the united states is now deregulated – what that means – consumers have a choice • Cost savings plus additional consumer incentives to boot 2. Legal shield • The most unique, ingenious, and only product of its kind. . . Period • Legal services provided at a low monthly flat fee – like insurance – and use it when needed • Identity protection • Business programs facebook.com/networkmarketinggenius/
Views: 8975 Genius IM
Subject:Commerce Paper:Marketing Management
Views: 1716 Vidya-mitra
ALLIANCE IN MOTION GLOBAL is conquering AFRICA and is pioneering in NIGERIA!! We are looking for individuals who want to earn and achieve financial freedom and grow as an individual. If you think you are we are looking for you can contact us at +639499468462 +639157454710 skype: aimjmagallanes facebook/email: [email protected] Don't miss out this opportunity!! :) https://www.youtube.com/user/DM0116831 ALLIANCE IN MOTION GLOBAL, INC. is a marketing company established in March 2006. It is located at Units 301, 319 and 320 AIC Burgundy Empire Tower, cor. Garnet & Sapphire Sts., Ortigas Center, Pasig City, Philippines. In more than 5 years of operation, Alliance In Motion Global, Inc. has established its presence strategically in different regions in the country and abroad. At present, it has 87 Business Centers and 94 Satellite Offices nationwide, Singapore and Brunei as the 2 International business center office. : Alliance In Motion Global Inc. is conceptualized to provide unmatched quality distribution of exceptional products and services through a combination of advanced technology, distinctive marketing strategies, excellent product lines and exemplary leadership that secures the success of the company. A pro-distributor concept that sets trend on distributors' extravagant packages such as transferrable scholarships, free or discounted medical services, insurance package and world class quality products. : As a "PRO-DISTRIBUTOR" marketing company, Alliance In Motion Global, Inc. is devoted to providing its distributors a brighter future. It gives paramount importance in helping them achieve their dreams. In line with this, the company has made a strong alliance with more than 300 schools, clinics and hospitals nationwide through its scholarship and medical programs providing distributors and their families affordable, quality education and medical services. : Alliance In Motion Global Inc. is the only multi-level marketing company accredited by Natures Way, Utah , USA as its exclusive product distributor in the Philippines and other countries in the world. : With its phenomenal sales contribution through its dynamic product line, the industry recognized and awarded its products with 6 achievement awards from entities engaged with product leadership and excellence in the country. : The company acknowledges the dedication and hard work of its distributors for having a sequence of remarkable sales. In return, Alliance In Motion Global, Inc. offers outstanding all expense paid travel incentives to its top distributors to further inspire them to excel in the world of multi-level marketing business. : At present, leaders and distributors travel around the country to promote a passion for life, service and prosperity by providing revolutionary products and services to help them achieve financial independence that will surely result to economic progress. And soon, Alliance In Motion Global Inc. will be recognized as a leader in providing quality products and services on a global scale. OUR VISION: : To provide unmatched quality distribution of outstanding products and services to local, regional and global markets. OUR MISSION: : To open the doors of opportunity and prosperity by empowering our distributors to achieve financial independence and economic stability by maximizing the wealth of the market thru our products and services. OUR CORE VALUES: : Our values provide as a breadth for our actions and describe how we perform in the world. Leadership : The valor to shape a better future.: : Integrity Be genuine and reliable. Excellence : To stand out and be known. : Passion : Committed in heart and mind. : Quality : Revolutionary and effective products to cater the world.
Views: 6980 AIM GLOBAL Video Archives Unofficial
This is a Data Science project from the 2015 Class - Designing Data Products - taught by Lutz Finger at the Johnson School of Business. This tool help to simplify the listing process at sites like ebay by analyzing and inferring attributes through their descriptions. To read more about the Cornell Data Product Course by Lutz Finger please read here: http://www.forbes.com/sites/lutzfinger/2015/09/15/data-driven-products-by-enabling-mbas/ Team 6
Views: 43 Lutz Finger