Wednesday, November 8, 2017

Ch.10 - Product Concepts

         A company must produce a brand for their product. It can be private or manufactured brand. For Pandora Jewelry their brand is private. Simply because this is a one company brand that is global, and when the brand is being introduce to its consumers the brand is known to be itself is not a shared brand. The owner of Pandora doesn’t have to share its profit of the brand due to it being a private brand. Making it more beneficial for the company’s sales.

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Ch. 11 - Developing and Managing Products

     Producing a new product for Pandora Jewelry a process is to be done. A new idea is brainstormed and the jewelry is sent out to the test...