Product Launch Strategy Discussion

Product Launch Strategy Discussion

Assessment

Interactive Video

Created by

Liam Anderson

Business

7th - 10th Grade

Hard

The meeting focuses on deciding the launch date for goggles, with team members expressing different opinions. Katarina suggests an early launch in February or March to capitalize on a market gap, while Kenneth prefers May or June due to holiday buying trends. Nadia supports February, emphasizing promotion in swimming pools and opticians. The team agrees on an earlier launch date. The discussion then shifts to marketing strategies, with Julia recommending targeting specialist sports stores as the primary sales outlets.

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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main aim of the meeting?

To finalize the team members

To discuss the design of the goggles

To decide the date of the launch

To decide the price of the goggles

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two potential launch periods discussed?

Early next year and summer

Spring and autumn

Winter and spring

Summer and autumn

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Katarina favor an early launch?

Because the summer is too late

Because there is a gap in the market

Because the price will be lower

Because the goggles are not ready yet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Kenneth's suggestion for the launch date?

April or May

July or August

May or June

February or March

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Nadia's opinion on the best time to launch?

February

May or June

July

August

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Nadia suggest about the price of the goggles?

It should be low

It should be at least £50

It should be discounted

It should be negotiable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Karina remind the group to focus on?

The marketing strategy

The promotion plan

The launch date

The pricing strategy

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of stores does Julia suggest targeting first?

Specialist stores

Online stores

General retail stores

Supermarkets

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Julia mean by 'specialist stores'?

Stores that offer discounts

Stores that sell only sports equipment

Stores that sell a variety of products

Stores that are located in malls