B.E
TYPE OF PRODUCT: IT IS A CONSUMER GOOD.THIS IS AS THE PURCHASER WILL SHOP AROUND FIRST.ALSO IT IS A SHOPPING PRODUCT AS THE PURCHASER WILL SHOP AROUND FOR THE BEST PRICE AND QAULITY.THEREFORE WE CAN SAY THAT THE PRODUCT IS A SELECTIVE GOOD.THE PRODUCT IS ALSO SOLD BY COMPETITIVE RETAILERS.(e.g MUSICA COMPETES AGAINST SUPA CD) STAGE OF PRODUCT LIFE CYCLE: THE PRODUCT|(STAMP CD) IS AT THE INTRODUCING PHASE, IT WILL EXPERIENCE A SLIGHT GROWTH AND THEN A DECLINE,THEREFORE THE MANUFACTURER'S EXPENSES WILL EXCEED THEIR PROFIT. THE PRDUCT IS A KNEW PRODUCT,WHICH HAS JUST BEEN INTRODUCED AND THEREFORE MANY PEOPLE ARE NOT VERY FAMILIAR WITH IT.THE PRODUCT WILL EXPERIENCE A SLIGHT GRPWTH AS IT TARGETS A SMALL GROUP OF THE SOUTH AFRICAN MARKET,MAINLY AFRIKAANS SPEAKING SOUTH AFRICANS.THE PRODUCT IS DEFINATELY NOT A SUCCESS AS IT IS "UNORIGINAL"(AN AFRIKAANS PERSON SINGING HITS FROM FAMOUS MUSIC STARS),FOR THIS REASON MOST PEOPLE WHO ARE INTO MUSIC WILL WOULD NOT RATHER BUY THE STAMP CD,WHEN THEY CAN BUY THE ORIGINAL CD's FOR ALMOST THE SAME PRICE AND SAME QUALITY.FOR THE QAULITY OF THE CD IT IT OVERPRICED.