We often judge a product by its cover. Product names matter. Yet many companies are at a loss as to what to name a product and why. It's like picking the name for a child. Names matter. Products matter. Thus, names of products matter. Consequently, how companies name products is important. … [Read more...] about How I Named The Kingston Wi-Drive
Product Management
Living With The Product Life Cycle
It's simple and basic. It sometimes helps to remember the four stages relative to your given product or service. The PLC, or Product Life Cycle, has been around for years. It's not carved in stone, but it may help you predict what to do when your product lives in a given stage. From a marketing … [Read more...] about Living With The Product Life Cycle
The Marketing Mix: Questions and Action Items
Stop. Ask yourself some questions. Do any of the following questions apply to your small business and its marketing mix? 1. Do you need to modify your mix? 2. Is your product best sold directly or through distribution? 3. Brainstorm on all the promotion events that are a fit for your … [Read more...] about The Marketing Mix: Questions and Action Items
Marketing Tip: How To Pick A Product Name
Pick a Good Product Name Choosing a name for a product is easier said than done. Ultimately, it's a subjective call, but there are a few things you can do to make the name selection run smoother. Concepting is a creative process and takes time. Sometimes you need a name fast. In that case, … [Read more...] about Marketing Tip: How To Pick A Product Name
Products Are Like Kids
Kids Are Like Products I have three kids. They are each different and unique, yet they all go through consistent stages in their lives. For example, the needs of my infant son were as different as day and night from those of my daughter. He was hungry all the time! And when he would try to get my … [Read more...] about Products Are Like Kids