14 Aug New Product Launch PlanIII
Here is the product that will be used for the assignment that I need from you:
America is very familiar with GPS technology; it is in cars and cell phones. Now Nike has put it in shoe. It is designed to act as safe guard for individuals who live with Alzheimer’s or Dementia. The shoes are leather with polyurethane outsoles for traction; they also have small weights in each heel to assist with stability. To set up the shoe does have to be charged roughly two hours to have a full charge. Nike will have a tracking website; the website shows the current location of the shoes. One can also remote check the status and location of the shoes and the battery level. The shoe also can be tracked by using a smart phone application.
This is what I need from you: A paper ranging from 800-900 words with a four slide powerpoint based on summarized information from paper. Deadline is 5 pm. Here is the outline for the paper
· Pricing and distribution strategies
· Marketing communication plan
· Financial information(including forecasting demand, break-even, sales, promotional budget, and marketing expense)
· Intended marketing objectives for Y1, Y2, and Y3
Since the GPS sneakers do not exist, all information can be improvised but relevant
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