What features does the product need to have

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Determine product strategy (Product) Define the features, attributes and benefits of the product or service, and create a product that fits market needs. Sometimes a small mistake in a product can disappoint people and reduce sales. To ensure your strategy is successful, make sure the product you're launching receives positive feedback from the right potential customers. Below are suggested questions you can apply: Does your product meet your customers' needs?  to meet those needs? How will customers use your product? In terms of appearance and packaging, what does your product look like? Do customers have the opportunity to experience the product before buying.


Do the product's size, color, and name attract attention? Does your product Telegram Number Data have something unique compared to your competitors? By answering these questions, you can ensure that your product meets customer needs and stands out in a competitive market. Set product price (Price) The price you set will affect the number of products sold: If the product price is too low, it can make customers think that the product is of poor quality or that you will have less profit. If the product price is too high, customers may buy less or buy in smaller quantities. To determine your pricing strategy, you should base it on factors such as production costs, competitor prices, and customer-assessed value. Based on market share and competition, here are some questions to help you determine the price for your product or service.



What value does the product/service bring to customers? Should a discount strategy be applied to a specific customer segment? Are your prices higher or lower than your competitors? What is the payment method (cash or card payment) and payment term (one-time payment or monthly payment)? By answering these questions, you can determine the price in a reasonable and optimal way. From there create profit from your product or service. Choosing distribution channels (Place) Ask yourself: “Where will customers buy your product?” From there, determine appropriate distribution channels to bring products to customers conveniently and effectively.