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Project Proposal
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Table of Content
INTRODUCTION:......................................................................................................3
OBJECTIVES:.............................................................................................................4
HYPOTHESIS:............................................................................................................4
METHODOLOGY:.....................................................................................................5
PRIMARY DATA:.......................................................................................................5
SECONDARY DATA:.................................................................................................5
Bibliography:...............................................................................................................5
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INTRODUCTION:
Product and brand failures occur on an ongoing basis to varying degrees within
most product-based organizations.
Studying product failures allows those in the planning and implementation
process to learn from the mistakes of other product and brand failures. Each
product failure can be investigated from the perspective of what, if anything,
might have been done differently to produce and market a successful product
rather than one that failed. The ability to identify key signs in the product
development process can be critical. If the product should make it this far,
assessing risk before the product is marketed can save an organizations budget,
and avoid the intangible costs of exposing their failure to the market.
High level executive push of an idea that does not fit the targeted market.
Not understanding the target market segment and the branding process
that would provide the most value for that segment.
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Misleading market research that did not accurately reflect the actual
consumers behavior for the targeted segment.
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OBJECTIVES:
1. To study the reasons for the brand failure
2. To suggest some precaution or suggestions to prevent brand failure.
HYPOTHESIS:
1.
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METHODOLOGY:
Study is going to be conducted in the district of Mumbai in Maharashtra.
PRIMARY DATA:
A questionnaire survey will be conducted for the purpose of the study. The study
is based on primary as well as secondary data. Primary data will be collected
from a sample of 75 respondents of Mumbai district chosen using non-probability
judgment sampling and using a structured questionnaire.
SECONDARY DATA:
Secondary data is the data, which is already in existence. It will be collected
mainly through internet and some help will also be taken from books and articles.
Secondary sources of data will include publication of Self Help Groups, Journals
and Periodicals.
BIBLIOGRAPHY:
1. http://articles.mplans.com/product-and-brand-failures-a-marketingperspective/
2. www.google.com
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