EVIDENCE SUMMARY SUPPLY AND DEMAND

PRODUCED BY:
MARISOL ROJAS SANABRIA

TECHNOLOGY MANAGEMENT MARKETS

NATIONAL LEARNING SERVICE SENA
2016
 EVIDENCE 4
SUMMARY SUPPLY AND DEMAND

Supply and demand are important when it comes to launch a product or service;
this is directly related to the marketing to implement, hence the increase or
decrease depends on supply and demand for our products.
Exclusive or premium brands are showcased in sophisticated and world-
renowned shops, these products are designed with the best raw materials which
means that their prices are too high and the system is handled sales staff system.
These products recognized only access or high-income people, as the segment
to which the products are intended is characterized by carrying a lifestyle
enveloped in luxury. Conversely cheap brands are not displayed in shops and
supermarkets being recognized easily welcomed by the population, these
products are the best sellers, ie demand is quite high due to the low prices they
handle.
Market research is very necessary, it is essential to know exactly the needs of
the group to segment so that the time to introduce our products or services are
welcomed and accepted successfully, most importantly accurately identify the
need to cover our product and surely will skyrocket in sales and production.
Today technological innovation leaves us speechless, the great discoveries are
associated directly with the myriad of needs that we humans want to meet, thanks
to those needs great researchers have launched a number of applications that
make us our daily living much easier offering comfort and ease when we
communicate, organize information and other activities that we exercise regularly.
Robert DiNozzi a big Hollywood producer, recently developed an application
called VoiceCal, it is a mobile calendar that uses a voice recognition software.
According to Robert this application will be very useful to large employers who do
not have assistants and keep busy, they should not do anything on your phone
this application will automatically recognize their voice, recording appointments
immediately.