A business case has at least four components, including market components, product components, industry components, and company components. Describe a hypothetical new product by addressing the following elements:

1. the appropriate features of the product
2. the product’s target price
3. characteristics of product users
4. size of the total market
5. projected product sales revenues in year one of the product’s sales

If you are unable to make reasonable assumptions about any element, identify the research needed to determine the information.

Requirements:

• Write a four- to six-page paper.
• Include a title and a reference page.

• At least four to six scholarly, peer-reviewed references that provide information and guidance for your assignment. The CSU-Global Library (Links to an external site.) is a good place to find these sources.
• Outside sources include academic and research other than the textbook, course materials, or other information provided as part of the course materials.
• Follow the formatting outlined in the CSU-Global Guide to Writing and APA (Links to an external site.).

Answer preview

Developing a business needs one to be aware of all the factors and elements that can make or break the business. Understanding these elements makes it possible for an organization to develop a marketing plan that fits into the confinements of the company. This task can be a hardship filled endeavor. Many companies opt to outsource skilled entities that are equipped to tackle such objectives and develop the best campaigns, ads, and marketing strategies (Cheong et al., 2016). This study will be looking into pitching a product that needs to scale its marketing heights to turn a new leaf in its business quest.

The Appropriate Features of the Product

JAMES&IRISA is one of the most reputable dealers in the best thing life has to offer jewelry. If you crave sophistication, precision, and quality JAMES&IRISA is the store for you. The company deals with an array of diamond…

 

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