Product Line Analysis
A product line is a group of related products sold by the same company. In offering a product line, companies normally develop a basic platform and modules that can be added to meet different customer requirements and lower production costs. Car manufacturers build cars around a basic platform. Homebuilders show a model home to which buyers can add additional features. Product line managers need to know the sales and profits of each item in their line to determine which items to build, maintain, harvest, or divest.18 They also need to understand each product line’s market profile and image.19
A company’s product line typically contains products that appeal to different layers of customer needs. Supermarkets make almost ...
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