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Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove?
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Most Upvoted Answer
Phoenix Technologies Ltd, have developed such a washing machine throug...
Phoenix Technologies Ltd - Introduction
Phoenix Technologies Ltd has developed a washing machine that requires very less water to wash clothes, doesn't damage the cloth, and is affordable for the lower middle class.
New Features, Price, and Availability
The new washing machine has the following features:
- Uses very less water
- Does not damage clothes
- Affordable for the lower middle class
The price of the washing machine is kept low to motivate people from the lower middle class to buy the product. The washing machine is currently available in all major cities and towns.
Brand Name and Target Market
The brand name of the washing machine is "Phoenix Wash". The target market is the lower middle class who are looking for an affordable washing machine that requires less water and doesn't damage clothes.
Services/Facility/Ads to Trade
The company can utilise the following services/facilities/ads to trade:
- Provide after-sales service to customers
- Offer a warranty on the product
- Advertise the product in newspapers, magazines, and on social media platforms
- Partner with local retailers to sell the product
Hindrance Removed
The company's affordable washing machine removes the hindrance of high prices, which is a major barrier for the lower middle class to buy washing machines. It also saves water and doesn't damage clothes, which are additional benefits for the customers.
Phoenix Technologies Ltd has developed a washing machine that requires very less water to wash clothes, doesn't damage the cloth, and is affordable for the lower middle class.
New Features, Price, and Availability
The new washing machine has the following features:
- Uses very less water
- Does not damage clothes
- Affordable for the lower middle class
The price of the washing machine is kept low to motivate people from the lower middle class to buy the product. The washing machine is currently available in all major cities and towns.
Brand Name and Target Market
The brand name of the washing machine is "Phoenix Wash". The target market is the lower middle class who are looking for an affordable washing machine that requires less water and doesn't damage clothes.
Services/Facility/Ads to Trade
The company can utilise the following services/facilities/ads to trade:
- Provide after-sales service to customers
- Offer a warranty on the product
- Advertise the product in newspapers, magazines, and on social media platforms
- Partner with local retailers to sell the product
Hindrance Removed
The company's affordable washing machine removes the hindrance of high prices, which is a major barrier for the lower middle class to buy washing machines. It also saves water and doesn't damage clothes, which are additional benefits for the customers.
Community Answer
Phoenix Technologies Ltd, have developed such a washing machine throug...
Through advertisement they can provide information to all of the customers
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Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business?
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Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business?.
Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business?.
Solutions for Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? in English & in Hindi are available as part of our courses for Commerce.
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Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business?, a detailed solution for Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? has been provided alongside types of Phoenix Technologies Ltd, have developed such a washing machine through years of research which requires very lesswator washing clothes and cleans them without damaging the cloth, as compared to other washing machinesy sold in the market. The profit margins are kept low to motivate people from lower middle class to buy theproduct. The company wants to provide information about new features, price, availability and brand name to the targetmarketname and state the service/facility/alds to trade which the company can utilise and what hindrance does it remove? Related: Chapter Notes - Nature and Purpose of Business? theory, EduRev gives you an
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