The depth of a product mix refers to the number of distinct items in a product line. For example, the fruit-processing firm's line of pie fillings might include apple, cherry and strawberry; it could be deepened further with sugar-free varieties. Adding depth to a line is a common means...
If a company can manage its product mix successfully, then it would be easier for it to adjust to the altered demand pattern and preferences. Moreover, it diversifies the risks and lowers the dependence on one product or one product line. But, it must be careful when expanding the product ...
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Product Line vs. Product Mix While product line and product mix are related concepts, they have distinct meanings. A product line refers to a group of related products offered by a company, such as different models of smartphones or different flavors of soft drinks. On the other hand, a pr...
15.Research of Product Line Planning Based on Project Portfolio Management;基于项目组合管理的产品线规划研究 16.Some Thoughts about the Financial Products of Universal Banks:Innovation, Renovation and Integration;全能银行的金融产品:创新、替代与组合 17.On the Marketing Mix and Corporate Strategy of a To...
The Dr Locs line of products have been formulated to have a shelf life of about 12 months in a climate controlled environment. What can I use for moisture? We offer two producs for moisture:Jinan Moisture Mix Amla Extract Conditioner(it's not necessary for your locs to have color) ...
Queue Management: DeepinView can detect the number of people waiting in line and the wait time for each individual, helping businesses better understand customer wait times, optimize staff levels, and enhance customer experience and satisfaction. Attribute-Based People Counting and Area Density Control...
For example, if a local cafe sells sandwiches, pizza and salads, it may need to make changes to its pizza product line when a popular pizza chain opens across the street. If customers no longer want to buy the cafe's pizza, its inventory may spoil, and it may lose profitability. As ...
processes, and knowledge to make. It would also attract many of the same, but also different customers as its potato chips line. Pretzels, however, would not be in the same product line or family. Thus, adding pretzels expands the firm's product portfolio, also known as its product mix....
The Bottom Line Product differentiation allows products and brands to command market share based on consumer preferences. Customers choose products for price, brand image, quality, durability, taste, color, or a temporary trend. If a product can differentiate itself from its competitors and appeal to...