Webb20 mars 2024 · Product mix decision refers to the decisions regarding adding a new or eliminating any existing product from the product mix, adding a new product line, lengthening an existing line, or bringing new variants of a brand to expand the business and to increase the profitability. WebbProduct Mix Decisions. A product mix is all of the product lines that the company sells in the marketplace, and not those still in the development or testing stages. For example, a company’s product mix may be constituted of cosmetics, toiletries, and medicine. Again, each line may have a subline, such as cosmetics may be broken down into a ...
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WebbProduct mix width designates the number of product lines the company has (e.g. food, beverages, household products, cosmetics, personal care goods, etc.). In the case of PepsiCo, we can speak of two product lines–food and beverages–that cover 17 brands. Therefore, the product width of PepsiCo is rather small although the length of each line ... WebbDefinition: Product mix refers to the complete set of products or services offered by a business. These products or services are usually grouped within product lines, … hotels in tuscany for families
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WebbProduct Mix Length: It refers to the total number of items (in all the product lines) in product mix. For example product mix of Bajaj Company has more than 100 items in various product lines, such as fans, bulbs and tubes, heaters, motorbikes, shooters, rich-show, processing machines, and many other ranges. ii. Product Mix Width or Breadth: Webb17 aug. 2024 · The dimensions of the product mix will be as follows: Width – As shown in the chart, P&G has 5 product lines, i.e. Baby Care, Fabric care and so on. Length – Here, the length will be 46 (the sum of all products in all the lines). Depth – Suppose its two shampoos come in three variants, then its depth will be 6 (2*3). Consistency – The … Webb24 aug. 2024 · Product Line Pricing. Since firms usually develop product lines rather than single products, product line pricing plays a decisive role in product mix pricing strategies. For example, when you look at a car brand, you will see a relation between the different series and their prices. lilo and stitch jumpers