CBSE Class 12-commerce Answered
Thank you for your latest answer about business studies that was really helpful.
But I have a question again that what details I have to write or Maggi and what details I have to write for my product.
And also tell me that what should be the heading for the page where I'm writing about my product.
Asked by Shruti | 20 Sep, 2017, 07:08: PM
Expert Answer
Yout project report should include the following:
- Type of product /service identified- Here you need to write about Noodles (not Maggi). Product identified is Noodle as you want to make a project on Noodles. You can find the details about noodles on internet.
- Brand name of the product.- Under this you will decide a name for your noodles. The name should be different from the ones which are already there in the market like Maggi, Yippie, Ching's scret, etc.
- Range of the product- Under range you will decide the flavours for your noodles like chatpati masti, spicy tadka, etc.
- Identification mark or logo and Tagline- Make a logo and tagline for noodles.
- Labelling and packaging- Under labelling, you need to provide the information about the product in the form of simple tags or graphics. Information provided in labels are description about quality of product, price , contents, method of use. As far as packaging is concerned, design a wrapper and container for the product
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Price of the product and basis of price fixation- You will decide the price of your noodles and basis on which price is decided.
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Selected channels of distribution and reasons thereof- decide how you want to distribute your product
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Decisions related to transportation and warehousing. State reasons.
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Promotional techniques used
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Grading and standardization.
You can find all the information related to above points in Marketing chapter.
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