The design mix is the three different elements of design
needed to make a product
successful.
In particular they will focus on three
main aspects:
- Function
- Aesthetics (design of
something)
- Cost
When designing new products, all businesses have to consider the design mix and how they will
balance all three aspects. Improving one aspect can
have a detrimental impact on the other two.
Product life cycle
-
Stages of product life cycle
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An extension strategy is any action that a business can take in order to lengthen the product life cycle and
encourage growth in sales during the decline phase.
The two simplest extension strategies are: - Lowering prices
- Increasing advertising. A business could also: - Completely rebrand or modify the product.-introduce new varieties
A business can differentiate by: ● Ensure that its product provides unique
functions
● Have a unique style/design
● Create a distinctive brand
● Provide excellent customer service
● Ensure that the product is of a very high
quality