Product packaging
Packaging is a crucial element that determines the look and feel of a product. It includes designing the right size and shape plus utilizing appropriate materials and graphics to make…
startup book
630 posts
Product pricing
Product pricing involves setting a cost for it, taking into consideration various factors like the price of production, advertising expenses and the price offered by competitors. It is an integral…
Product promotion
Product promotion is an integral part of any business, as it can help increase the customer base by creating awareness & interest in the product. It is done through a…
Product distribution
Product distribution involves making sure your product reaches all consumers by utilizing intermediaries such as wholesalers and retailers. This process is essential to ensure that the product lands in the…
Product quality
Product quality is determining how much a product meets customers’ expectations. This involves factors like reliability, durability, and performance.
Product liability
Product liability holds companies accountable for any damage or harm resulted from their products, including physical injuries and property damages.
Product recall
Product recall refers to the process of taking a product out of circulation due to safety risks or other complications. Such action is taken in order to protect consumers and…
Product registration
Product registration entails the submission of necessary information and documents to a government agency like the FDA or FCC. It’s an important process that helps manufacturers track their products and…
Product certification
Product certification involves a third-party organization, like UL or CE, testing and verifying the quality of the item. This process ensures that the product is suitable for use and meets…
Net present value ratio
Net Present Value (NPV) ratio is a measure of the profitability of an investment or project. It takes into account the initial investment amount and then compares it to the…