Product Launch Plan
The elements of product launch plan that are going to be looked into here include the distribution strategy, financial information, and marketing research.
Marketing Research
Teas N. Line has undertaken to deal in Oolong, Green, Yellow, and Black tea after realizing that tea after some time tea loses its freshness after it has spent some time on the shelf and that consumers want tea that is freshly packaged and shipped in oxygen free packaging. The consumer's preference for pleasant smelling tea as opposed to those having bitter and stringent taste has made the proprietors of Teas N. line to consider introducing the above named teas in the international market. Consumers have become very aware of the health risks they are exposed to by soft drinks and have consequently turned to flavored waters and tea as alternatives. The Teas Line N. seeks to be a healthy alternative to tap water and soft drinks.
This line of tea targets the three top portions of consumers eager to try new products, the innovators, early adaptors and early majority. It is projected that the products will appeal to middle and upper middle-class market. With regard to market demographics, it is projected that the youth and the children can use bottled tea as an alternative to soft drinks. Teas N. Line is easily accessible...
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