Strayer MKT 475 – Innovation and New Product Strategy
January 12th, 2018
1) “Innovation and New Product Strategy” Please respond to the following:a)Think about a current unfilled consumer need. Develop a new innovation based on the types of innovations to fulfill that consumer need. Explain your rationale.b) Develop a marketing strategy for this new innovation. Determine where you would test market the product and explain your reasoning.2)”Tesco” Please respond to the following:a)Determine the three challenges Tesco faces in becoming a strong U.S. brand. Select two of those challenges and create a solution for each challenge.b)Decide how Tesco can combine the strength of its global brand with the need to adapt to the U.S. market. Explain and provide support for your decision.