An examination of Loctite's choice to launch Tennessee Valley Authority Option Purchase Agreements Executive Summary, its brand-new instant adhesive dispenser has actually heighted the truth that the dispenser would not be complementing the company's present line of product. The truth that Loctite is a leader in instantaneous adhesives and runs in a market which has low price sensitivity shows that using a low priced adhesive under Loctite's name would only be minimizing the company's income in the long run. With dangers of sales cannibalization and sales of Loctite's high-end dispenser's being threatened by the brand-new prospective launch, Loctite does not have a valid argument for launching Tennessee Valley Authority Option Purchase Agreements Executive Summary aside from the reality that the model of the new creation has been developed and is ready to be launched under the business's name.
A suggested marketing mix in case the business decides to proceed with the launch recommends the rate to be below $250 with the product being targeted at a niche section such as that of the 'automobile repairs' so that the company does not end up losing the market share of its high-end designs to Tennessee Valley Authority Option Purchase Agreements Executive Summary because of the product's low cost. Distribution through distributors is suggested according to the marketing mix rather than selecting the sales group given that the cost of each sales call is $120 which would not be an economically practical move for a low cost product. A marketing project can not be eliminated from the marketing mix since the initial awareness needs to be created in order to reach out to prospective clients in the targeted sector.