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Today, there is a great multitude and varieties of new products available in stores and online, from which consumers can choose. Think about the new products you've seen in the past two or three years, then choose a new product from any category.

Questions       (2×5 = 10 Marks)

1. How would you define the attributes and benefits of the chosen product?
2. Define the core, actual, and augmented product benefits.
3. Briefly describe the steps in the new product development process.
4. Each product will have a life cycle, although its exact shape and length are not known in advance. Explain each step in the PLC.
5. What are the dimensions upon which a company manages its product portfolio?

Answer 1

Answer-

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1-My picked thing is lates model of AirPods master which is from apple brand. The characteristics of AirPods that they are diminished in plan and look current. They come in different tints like white, red, blue, Black. They easy to pass on in the light of the fact that they come in box which also charge those airbuds.They are authentic remote.

The benefits of using Airbuds star is that you can acknowledge calls with essentially tap or voice orders. You can excuse calls as well. You can use Siri of Apple to give arranges by using your AirPods proficient. You can take your AirPods and swim since they are dust similarly as waterproof. You can listen music too.

2-The middle thing favorable position of AirPods star is that AirPods ace fulfill the major need of tolerating calls, excusing calls and listen music.I think without this bit of leeway no client will buy AirPods master. So these are incredibly essential for this thing to have.

The genuine aftereffect of air pod master is that we can use AirPods expert to achieve some different option from tolerating calls or excusing calls. We can use AirPods star to give voice orders like set cautions, texts. It also drops the uproar around us to that we can hear clearly the sound of other individual .they in like manner has a straightforwardness mode in which whether you have AirPods in your ears, it doesn't reduce your ability to hear. You can hear singular sitting alongside you clearly.

The extended thing benefits with this thing is this AirPods master are certified remote. They are little and goes with rechargeable box. Aipords virtuoso are made sure about under one year ensure by Apple Inc.you can have different shades of AirPods. For example, I like dim and red concealing AirPods.

3-Product progression technique of AirPods proficient

In thought age step, AirPods thought started from Bluetooth earphones. Apple's thing bunch came up how to make earphones more modern, unique and limited.

In thought screening step, they created new designs to make earphones progressively stand-out like less wiring, no wiring, standard bud look or in earlook then reject musings which doesn't fit.

Thought improvement and testing stage incorporates testing of the chance of this new idea. Apple interfaces with customers in the market in little area. They took bundle discussions that customers will like the AirPods or not.

Market system, and business assessment steps incorporates progression of promoting strategy for AirPods pro where apple uses the exhibiting mix thought to make to method for AirPods star. They furthermore separate how much cost it will take to make AirPods virtuoso. Association put premium esteeming strategy as demonstrated by its picture.

Thing improvement At this stage the genuine air pod expert was made by amassing office Foxconn in china.

Test exhibiting stage is the veritable stage to realize the that this thing will be productive of not. First air pod adjustment was moved in December 2016. This was claim to fame promote dispatch at a little degree to know the feasibility of AirPods virtuoso.

Commercialization and dispatch where apple advances the thing in different countries like US, UK , china, India, etc. At the present time its arrangement by making it available on online similarly as detached market. This lead to dispatch of genuine thing.

4-At introduction mastermind, The first air pod was impelled on December 2016. At this stage, apple put a lot. of attempts in its progression and promoting with the objective that customers can consider this thing.

At advancement compose when customer came to consider this thing, bargain started to create. At this stage, Company started to give offers like free with iPhones, usage of cutoff points in stores like best buy, retail stores also give their plans to manufacture its arrangement.

At improvement arrange when arrangements of thing reach at top. AirPods master are at this phase in the light of the fact there are more contenders are rising like Samsung, Xiaomi, Boat, JBL, etc these contenders causing arrangements of AirPods down so apple is endeavoring to upgrade and change its AirPods in feature and plan.

At decline sort out where the genuine AirPods will kick the container. There is up 'til now various years, I think.

5-Apple has not too various item offering, or we can say that thing game plan of Macintosh is confined with iPhones, ipads, AirPods and mac workstations. Apple manage its thing portfolio by keep placing assets into creating them. Association uses detachment strategy where it revolves a around giving things that are available day, innovative and unique in nature.

Apple furthermore collaborate with Foxconn creating office where it redistributes its collecting to decrease cost of its business things.

Apple strongly put assets into exhibiting to guarantee its picture and things are alive at the highest point of the need rundown of customers. It uses web-based life, Tv plugs, ceberity influnece, etc to regulate things in thing portfolio.

Note-the above answer is intriguing and written in my own words. You should give this a LIKE/UPVOTE. I unimaginably welcome it. Extraordinarily favor your heart..