Question

Part 1: Product Strategy Briefly describe a product or service that you use and enjoy. Where...

Part 1: Product Strategy

Briefly describe a product or service that you use and enjoy. Where is it in the product development life cycle? What recommendations do you have for improving the offering to fit your needs better? Be sure to consider the following:

  • What level of quality and consistency does the offering have?
  • How many features does it have and can they be removed or added?

  • Does the design and/or service deliver what the customer values? If not, how can it improve?

  • What improvements would help the product or service compete more effectively against its competitors?

Homework Answers

Answer #1

Let's take iPhone for instance.

APPLE iPhone may be a premium quality mobile device. it's within the maturity stage.

In order to suit a target market want it want innovation , exclusivity and competitive rating.

The Level of quality is high and premium , it's in keeping with client expectation
It has multiple options like camera , live gallery , processor etc. New innovative options are often additional
Yes , the planning and repair deliver client worth , its best within the market section
Competitive rating strategy , 1st mover advantage and exclusivity can create the merchandise contend a lot of effectively.

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