For this assignment, youll assume the role of a Category Manager for the Beauty Products category at a national discount retail store; and answer the five questions presented below. Your responses to these questions should be typed into the template provided OR typed directly into the assignment submission box below.
WHAT IS A CATEGORY MANAGER?
Category Managers are responsible for related groups of products (for example, baseball equipment or laundry detergents) for a retail business. They use research, information and insights about the category to change shopper behavior and increase sales of the products in the category. They also work with the suppliers of the products in their category to ensure that good products and services are available to customers.
As a Category Manager, part of your role is to analyze data and information about how well a product is selling to help the maker of that product improve the product and consider introducing new products. Rochelle and her team at Alikay Naturals have asked you, the Beauty Products Category Manager, to review one of their products and determine where it lies in the product life cycle. Additionally, they have asked you to recommend ways to improve the product in order to increase sales.
Instructions
Question 1: Product Life Cycle
Review the Product Sales Report for Alikay Naturals Moisturizing Black Soap Shampoo. The Product Sales Report contains important information that will help you to identify where the product stands in the Product Life Cycle and give you clues about what changes customers might like to see. Respond to Rochelle and her team at Alikay Naturals based on the information in the Product Report.
Question 2: Product Changes
Review the User Survey Summary outlined on the template.
Question 3: New Product Development
Read the New Product Proposal, which contains three examples of possible products that could be developed to replace Moisturizing Black Soap Shampoo. Based on the information in this proposal and the customer feedback in the Product Report:
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If you had to recommend one product, which product would you recommend they create? Please explain your decision. Provide examples of the customer feedback that informed your choice. Determine which type of innovation this represents from among the four main types discussed this week. Briefly explain why you chose that type of innovation.
Question 4: Innovation
Based on the product you chose in Question #3:
Question 5: Production Methods
Based on the product you chose in Question #3:
