Product

A product mix (also called product assortment) is the set of all products and items that a particular marketer offers for sale. At Kodak, the product mix consists of two strong product lines: information products and image products. At NEC (Japan), the product mix consists of communication products and computer products.

The product mix of an individual company can be described in terms of width, length, depth, and consistency. The width refers to how many different product lines the company carries. The length refers to the total number of items in the mix. The depth of a product mix refers to how many variants of each product are offered. The consistency of the product mix refers to how closely related the various product lines are in end use, production requirements, distribution channels, or some other way.

These four product-mix dimensions permit the company to expand its business by (1) adding new product lines, thus widening its product mix; (2) lengthening each product line; (3) deepening the product mix by adding more variants; and (4) pursuing more product-line consistency.

Credit Score Confidential

Credit Score Confidential

The Secret Of Boosting Your Credit Score is Finally Revealed! Who Else Wants To Boost Their Credit Score to Repair. Financial Damage Constantly Hanging Over Your Head? Does this Scenario Sound Familiar to You? They're smiling but they don't trust you.

Get My Free Ebook


Post a comment