- It allows opinions and feedback from the consumers through reinvent and innovating the product.
- It is cost efficient
- It lets the company assess the safety and reliability of the product.
- Links to supply and demand
- Creates customer loyalty
- Gives control over the product
- Pricing strategy awareness
- Can make the product more successful through encouraging more sales on release if the product is liked.
- Know what advertising to use and whom to target it at.
- It can save millions and prevent damage to the brand name.
Pages
- Home
- The Economy of China
- The Economy of India
- The Economy of the USA
- The Economy of South Africa
- Internatioanl Business
- Unit 4 Research
- The Rail Industry Case Study
- Evidence A: UK has the 'most expensive train fares in Europe
- Evidence B: High Speed Rail
- Evidence C: Public subsidy for rail users must end
- Evidence D: EU Directives 91/440- Development of the Community's railways
- Evidence E- Labour calls for review of trains contract awarded to Siemens
- Evidence F- Campaign for better Transport warns Government over high speed rail
- Evidence G- Passenger Kilometers traveled in Great Britain 1987 to 2009
- Evidence H- Passenger journeys in Great Britain in 1985-86 to 2008-09
- Evidence I- Commuters face overcrowding
Saturday, 7 January 2012
Benefits of trialing a product
The possible benefits of trialing a product are that:
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