Science Fair Project Encyclopedia
Product management
Product Management is one of the four areas of marketing. The other three parts of the marketing mix are pricing, promotion, and distribution. Product management deals with questions like:
- What products to produce and sell
- What new products to add
- What existing products to discontinue
- How long will it take for a product to penetrate the market
- How many products to have in the product line
- How to balance a product portfolio
- How to introduce a product to the market
- Whether to use a product differentiation strategy
- What is the best product positioning
- What brand name to use
- Whether to use individual branding or family branding
- Whether to use product bundling or product lining
- What logo to use
- Product Life Cycle considerations
- Planned obsolescence considerations
See also
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details