Define product line and product mix and distinguish between the two.

Q: Define the terms Product Items, Lines, and Mixes?

A: The companies are aiming to earn more customers for their goods and services. So they are…

Q: What are the key considerations when deciding to reposition or rebrand a product line?

A: The concept of a product line refers to a group or assortment of related products or services…

Q: Please provide a clear example to explain the difference between "Brand extension" and "

A: Company will create value for customers and shareholders. It will create value for shareholders in…

Q: Compare Branding and Packaging?

A: Branding is defined as a continuous process through which a marketer seeks to establish a long-term…

Q: Explain Product line?

A: Product is a vital element of the marketing mix which deals with producing goods that will satisfy…

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: Describe four product types and purchasing practices with an example of each product type.

A: Consumer goods are those goods that are bought by the final consumers for their ultimate…

Q: Explain the difference between a product line and a product mix and provide examples to illustrate…

A: Product is outlined as something that's offered to the public for purchase by the corporate. There…

Q: Identity and explain two characteristics of the packaging of ABC product?

A: Packaging define as, The substance that surrounds a consumer item and serves to contain, label,…

Q: list the major product line strategies.

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

Q: Explain the product line and extensions?

A: Line Extension occurs when an existing brand is expanded to include extra items in the very same…

Q: What issues may arise with a product line ?

A: Introduction : The term "product line" is used to describe a collection of similar products that…

Q: Interpret product hierarchy in depth.

A: Product Hierarchy- It is process of classification of the product/services into its essential…

Q: Five practical reasons why the company should segment their products

A: Market segmentation refers to the classification of prospective consumer groups, in accordance with…

Q: What are the reasons to expand product line for a business ?

A: Introduction : Product line is an element of the product mix. Product line refers to an additional…

Q: List the types of Consumer Products?

A: Consumer goods, often known as final products, are those that consumers buy for their own use or for…

Q: Define product mix

A: Features of product: 1.Product have an exchange value and be capable of being traded between buyer…

Q: What are the benefits of product line extension ?

A: Introduction : Product line extension is a marketing tactic that uses an established brand to add a…

Q: Name the two general categories in which products can be grouped?

A: Product: A product is considered as a tangible good, but it can also be an intangible in terms of…

Q: Explain the factors influencing product mix .

A: Introduction Product Mix refers to the full list of all products offered for sale by a company. The…