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A product manager is charged with launching a new product. She decides on initially launching into a specific market segment and then, on the basis of achievieng penetration into this segment, to roll the product ou progressively to more segments. This approach to launching a new product is called a:
Correct Answer: B
A beachhead strategy involves launching a new product in a specific, targeted market segment initially and, upon achieving penetration and success in this segment, gradually expanding to additional segments. This approach allows the product manager to focus resources and efforts on a defined group, ensuring a strong market presence and learning from initial market reactions before broader roll-out. This strategy minimizes risk and maximizes impact by building a solid foundation before expanding. References: Moore, G. A. (1991). Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers. Harper Business.