Question

i have marketing project to finish and my product is wine cock latter decoration. and i have few question to this product.

1. what does your product mean to that market. what is your value proposition. how will your customers perceive your product compare to your competition. what will be customer alternatives and what will be 4 p's of marketing (price,product,place, and promotion)

Answer 1

A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.

Here we will discuss the aspects of my product that is wine cork letter decoration. We will also discuss what does this product means to the market, what is the value proposition, how will the customer receive this product compared to the competition OK, what would be the customer alternative that will be four Ps of marketing.

Wine cork letter decoration is a kind of creative art in which the corks of wine bottle are used as a piece of decoration to write the letters of the words for the attractive presentation. Wine cork letter decoration is a new piece of innovation which has got fame recently very quickly.

This product means a great form of innovation and creativity in the market. Nothing before wine call letter decoration has ever got into the market for sale.

The value proposition is that the delivery of a great piece of art and creativity would reach the customer, and attract the customers very quickly. This would be the candy of the eye as this is a great piece of art and creativity. People will definitely choose our product instead of other decorative product as nothing before has ever entered into the market like this. This is an innovative idea of decoration and creativity which has attracted a lot of people in a very less period of time. Even in the competition, nothing is comparable to the great art of wine call letter designing.

As of the 4 P's of marketing:-

The price:- The price of the product would be very affordable yet enough so that it could get the the the company a lot of profit along with customer satisfaction.

The product:- The product in itself is a very beautiful piece of art and creativity which would definitely attract the people and would be the candy of the eye in a very less period of time.

The place:- we would definitely choose the art gallery as a place or location for the selling of wine cork letter decoration because that would be the better and the best place for the selling of such a creative and decorative piece of art.

The promotion:- the outlook of the art or the product in itself is a promotional deal. people are really attracted to such an innovative and creative piece of art. There is no competition near this piece of art.