Why do products have to be deleted from a product mix?

Q: What is a product mix? Name and describe the four important dimensions of a product mix.

A: A product mix can be referred to as the complete set or mix of products or services offered by a…

Q: Product classification (what it consists of

A: Product classification arranges items into four classifications dependent for the most part upon…

Q: What are the important issues in deciding on the product line?

A: Every company will try to create value for its customers in terms of products and services. It will…

Q: State the major ways to improve a product mix.

A: Concept Of Product Mix - Product Mix, is a kind of concept, which is also known as the product…

Q: What is Straight product extension?

A: Product extension is launching a product that is already known to the company but involves features…

Q: What are the four stages of the product life cycle?

A: The life cycle of a product or service is categorized by how much time it can be marketed. This is a…

Q: What are the advantages and disadvantages of brand extension?

A: Brand extension can be defined as the establishment of the name of the brand in the new product…

Q: How does a product line differ from a product mix? Can a product line be a product mix?

A: Аn  аrtiсle  оr  а  соmmоdity  sоld  in  exсhаnge  оf  mоney  in  the  mаrket  is  knоwn  аs  а…

Q: Explain the three levels of product?

A: А  рrоduсt  meаns  sоmething  thаt  hаs  vаlue.  It  is  mаde  аvаilаble  tо  the  сustоmers  in…

Q: What are the five distinct stages product life cycle?

A: Product life cycle can be explained as stages through a which a product passes from the time the…

Q: What are the differences between manufacturer and private-label brands?

A: Business refers to an activity of trade where sale and purchase of either goods or services is done…

Q: Identify four ways of expanding a product line, anddiscuss two risks that product-line extensions…

A: А  рrоduсt  line  is  а  grоuр  оf  relаted  рrоduсts  аll  mаrketed  under  а  single  brаnd  nаme…

Q: Which are the Stages in the Product Life Cycle?

A: Product life cycle: The span of the product life cycle differs for distinct products, one stage can…

Q: What is the difference between a product line and a product mix?

A: A product mix is the full list of all the products offered for a sale by a company. It is a…

Q: What are the functions of packaging? What are someimportant elements of effective package design?

A: Packaging is a technique which is used to encourage potential customers to purchase the product.

Q: Which are the six phases of the generic development process?

A: The six phases of the generic development process are as follows. 1) Phase 0: Planning The planning…

Q: Why companies that manufacture private brands also produce their own manufacturer brands?

A: A manufacturer can be denoted as the person or an institution who is involved in the activity of…

Q: What should marketers know about package labeling?

A: Labeling is the substance on a bundle of item which gives the data about the item to the clients. As…

Q: Describe what are the ways to improve a product mix and explain two approaches to use existing…

A: The total number of product lines accessible to an organization's clientele is the product mix. This…

Q: list the major product line strategies.

A: Concept Introduction : Product Line policies and strategies are crucial in the development of a…

Q: Define Packaging?

A: Packaging, today, is one of the essential components for marketing any product. No one can underline…

Q: How can you describe a direct product sale through the phone?

A: ANSWER IS AS BELOW:

Q: What is the basic function of packaging materials?

A: The container or wrapper that holds a product or group of products is called packaging. Most…

Q: What are the four stages of the product life-cycle? How can a firm determine which stage a…

A: The product life cycle can be referred to as a process that a product goes through from o its…

Q: Taken together, tobacco products, alcoholic beverages, and Del Monte brand fruits are considered a…

A: A product line is a combination of related products that a company sells under one brand name.…

Q: What are the characteristics of brand extension?

A: Brand extension comes under marketing strategies where the organization introduces new product or…

Q: what are the strategies of the product life cycle?

A: The product life cycle consists of four different stages i.e. Introduction, Growth, Maturity and…

Individual Branding

Individual branding is a marketing strategy companies can use to associate each individual product with its own brand. This strategy helps in protecting a company’s other products if one of them fails or does not gain a great significance in the market.