1. New Product Development - Market Potential - Identified product - product development - product evaluation in market - product business plan - test launch - final business plan - product launch
2. Product Profitability - profitability across mix / across Geographic's - profitability improvement program through product design / raw material sourcing - value added products
3. Product Promotion - Promotion in Geographic's across seasonality - product bundling - limited offers based on competitive movement, managing product promotion programs across key influencers.
4. Product Communication - Communication on the product - desired frequency and mode of media - consistency of communication program
5. Solutions Marketing - Develop solutions - communicate, promote and track acceptance, build references, testimonials and communicate to the targeted segment - create product knowledge bank - leverage profitability - translate knowledge bank into sustainable selling proposition
6. Product Sales - Track product sales - review - identify root cause for variance - corrective actions
7. Tracking Competition - Competitive products in similar and substitute market - track performance - track volumes - new product offerings - pricing strategy - below the line activity
8. Product Benchmarking - Evaluate competitive products - develop benchmarking tools - feed benchmark reports to sales team - product improvement plans based on benchmarking results
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