PRODUCT MIX A product mix is the set of all products and items that a particular seller offers for sale to buyers. Product mix has a certain width‚ length‚ depth‚ and consistency. Width: No. of different product lines e.g. P& G carries width of five lines- Detergents‚ Bath soaps‚ Toothpaste‚ Disposable Diapers‚ Paper Tissues. Length: Total no. of items in its product mix. Depth: No. of variants of each product in the line. Consistency: refers to how closely related the various product
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The traditional way of viewing the components of marketing is via the four Ps: 1. Product. Goods and services (creating offerings). 2. Promotion. Communication. 3. Place. Getting the product to a point at which the customer can purchase it (delivering). 4. Price. The monetary amount charged for the product (exchange). Introduced in the early 1950s‚ the four Ps were called the marketing mix‚ meaning that a marketing plan is a mix of these four components. If the four Ps are the same as
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strategy for Aldus Corporation by splitting the company’s product family into two different product lines. His proposal would allow Aldus to develop two separate product and market strategies for two major market segments (Primis Online‚ 2002‚ p. 37). Product positioning is shaping the image of a product or service to be desirable by customers. Up until this point‚ Aldus Corporation had relied on “its success to date by offering a single product line that bridged the gap between business and creative
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~ IiItlEI Harvard Business School 9-289-049 Rev. August 5.1994 Avon Products‚ Inc. On June 1‚ 1988‚ Hicks B. Waldron‚ chairman and chief executive officer of Avon Products‚ Inc.‚ was reviewing a package of proposals that he and his financial advisors were to present to the Avon board of directors for final approval the following day. These proposals included (1) a public announcement that Avon would explore plans to divest two of its businesses‚ probably at a considerable book loss;
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Aloha Products Inc. Introduction The purpose of our report is to provide our analysis‚ assessment‚ and recommendations related to Aloha Products (AP) and the current control systems for the manufacturing‚ marketing‚ and purchasing departments. Based on the case information‚ we believe the current implementation of measurements and controls do not best serve the current business strategy of AP. As a result‚ we have included recommended changes for the three departments that best align with AP’s business
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What makes an Artisan product? What makes an Artisan product? In order to answer this question it is important to first ask‚ what is an artisan product‚ what is artisan? According to the Oxford English Dictionary‚ an artisan is a skilled individual who can make specialty products using labor-intensive means. Hence‚ an artisan product must be a product made by these skilled individuals right? Not exactly‚ there are a lot of factors that go into creating a truly artisan product. This essay will therefore
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Focusing on Health and well-being- that’s what we’re all about. We are dedicated to improving quality of life of all Thais by raising awareness of the adverse effects of dust mites and other allergens throughout the community. So there are so many products and services line expansion by Hygiene Living as follows * Merry Maid – Professional Cleaning Services * Hygienitech Thailand – Mattress Cleaning Service *
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Tambrands is a company that uses single-product strategy to advertise their product known as TAMPAX. This product is the best selling product with 44% of the global market share. Out of this 44%‚ approximately 90% of its sales come from North America and Europe. One of the main reasons for tampax being successful only in North America and Europe is because tampons still have not gained popularity as a result of various cultural resistance‚ religious resistance and/or myths associated with using a
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1. Why are drugs classified in the categories they are? The term drug class generally refers to the area affected by a drug or its effect on the body (BIO-316V Module 2 Lecture‚ 2012). Many drugs can fit into more than one category‚ but they are usually classified by their therapeutic action. A drug’s therapeutic category refers to its purpose—the diseases or conditions it treats (Drug Classifications‚ 2013). Drugs can also be classified by the chemical type of the active ingredient. 2. Give
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portmanteau of “ecological” and “entrepreneur.” An ecopreneur is an individual who is focused on ecologically-friendly issues and causes‚ attempting to do business in a way which benefits the environment. He may not be a person or entity only involved in products like solar powered cells‚ water conservation system or compostable packaging. In fact‚ an ecopreneur is anyone who ranks
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