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37 Sess5 Nipun pgfb2137
37 Sess5 Nipun pgfb2137
37 Sess5 Nipun pgfb2137
VIDEO CRITIQUING –
The roleplay, in my opinion, was nicely done, with all of the details mentioned in the
guidelines and was done on a point-by-point basis, but they only used the material that was
given to us in the pre-read, they did not try to find any real-life selling situations, and they
only used the information that was already given to us, I believe. Both sellers and buyers
must be aware of demographic factors such as buyer income, because despite its high value, a
product cannot be sold unless it is affordable to customers in the location where the product is
being offered, the sort of people that lives there, and their cultural preferences.
Another aspect of the video that I thought was missing was the product's benefits; they've
created an excellent marketing plan, incorporating pricing and promotional strategy in an
excellent manner, but I believe that in the end, the success of any new product is determined
by the benefit it will provide, not by the price or other tools.
On this front, I believe they haven't taken into account both the product's value and the
additional advantage it will give. As we all know, there are a number of cereals on the
market, but how does it vary from the competition.
Finally, while packaging was not mentioned in the video, it is highly important to the success
of any product. Given the abundance of low-cost cereal suppliers in the local market, having
packaging that can connect with consumers, in addition to low costs and appealing offers, is
crucial.
SUBMITTED TO –
DR S.R. SINGHVI SIR
SUBMITTED BY –
NIPUN MAHESHWARI