Q. Under what circumstances might it be wise for a company to do little or no test marketing? (Solved)
1. When the product has no substitutes and is new in its category.
2. When a new product requires a major investment.
3. When the costs of developing and introducing the product are low.
4. When management is not sure of the product.
5. When management is not sure of the marketing program.
- c. When the costs of developing and introducing the product are low.