Product Analysis
Product analysis Product analysis means asking questions about a product and forming answers. Factors to consider during product analysis 1. Materials: the quality of the materials used to make the product .high quality materials will result in high quality products. 2. Environmental impact: is the product environmentally friendly or will it be hazardous to the environment? If the product is recyclable or re-used? 3. Color or texture: is the color of the product likely to attract more customers. Will be the right color for the product? 4. Health and safety: if the product is totally safe for human consumption. Does it fulfill the health and safety laws and standards? 5. Nature of the product: whether it is necessity or luxury. 6. Demand time analysis: some products have higher demand dur...