1) What are at least five new product ideas that could really increase new reven

Question

1) What are at least five new product ideas that could really increase new revenue for Wendy's Fast Food Restaurant?

2) Out of the ideas you list which one do you think would really have the best chance of succeeding in generating additional revenue and not just cannibalizing the existing products sales?

3) Explain why your best choice seems stronger than the others?

4) Regarding new product development in general, list at least three major factors that you feel might contribute most to launching successful new products for any type of product or service being introduced?

Explanation / Answer

1.Today Wendy's possess a approximately 14% market share of the total fast food.Wendy's belief to achieve a expansive distance of clients by maximising the variety of its menu with secondary to classical fast food materials like hamburgers and fries.In line with current industry flow,Wendy's is turning towards a menu with maximise its items and become more strong menu decision.Wendy's is having a faith to achieve market share by announce a morning breakfast menu coming year anything like McDonald's and Burger King earlier did it in their resturarents.
2.Any product is a fine,service or plan to execute exist of a assortment of touchable and intangible feature that appease clients and is getting in change for price or some extra unit of value.To create revenue the chances has decline,they no deep have the capacity to get price from time to time.Sales of goods and services are speedly related i.e.a product will commonly imclude a tangible mixture and an intangible mixture.
3.Happiness is a good choice.Whenever you are getting argry or tired you just give some seconds to your happiness.Be happy,be yourself.Some best choice seems stronger than the others are as follows:

a.select to be best and believe in you.
b.select the right people around you.
c.give attention on what you have,not on what you have not.
d.take the good attitude.
e.choose honesty.
4.There are three major factors that you feel might contribute most to launching successful new products for any type of product or service being introduced are as follows:
a.height of products.
b.identifying product.
c.essential features of a product mix.

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