What Is A Product Line

Difference Between Product and Brand (with Examples and

Jul 26, 2018 · The significant difference between product and brand is that a product is a single entity, but there can be millions of products under a single brand. So, the brand is a wider term than a product. The name of a product among people is just because of the brand.
Solved: What Is The Difference Between A Product Line And

The difference between a product line and a product mix is that a product line is a group of products or services that have been classified together, can be used together, the same customers use, can be purchased in the same place, and have a price range that they fall within for consumers to purchase.
What is Product Line? definition and product line

Product Line Definition: Product Line can be understood as an array of related products, under a specific brand, offered by a particular company to its customers.For instance: Amul offers a series of closely related products such as milk, butter, ghee, dahi, yoghurt, ice cream, srikhand, Gulab jamun, flavoured milk, chocolate, etc.
The 3 types of Product line stretching and why companies

Jan 14, 2019 · A product line consists of variants of the same type of product. So if Audi has a Q series of vehicle, it will have multiple products within the Q series but this is just one product line. Audi will have multiple such series and therefore multiple product lines.
Elements of an Effective Product Strategy Roman Pichler

The needs comprise the main problem your product solves or the primary benefit it provides. Think of a product like Google Search or Bing that solves the problem of finding information on the Internet. Compare it to a product like Facebook that allows you to stay in touch with family and friends.
What is Product Line? definition and meaning

product line: A set of related products sold by a single company.
Product Mix, Product Line and Product Items

"Product line is a group of products that are closely related because they function in a similar way, are sold to same customer groups, are marketed through the same type of outlets, or fall within given price range." Thus, product line is the group of similar products. The similarity may be seen in
Product Line Definition investopedia

A product line is a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names
Product Mix – Width, Length, Depth, Consistency with Examples

Jun 25, 2018 · A product line is a group of closely related products with similar functions, customer groups, outlets and same price ranges. The example of Nike product line includes, Footwear, Apparel and Sports equipment and every product line have similar products. What is Product Mix.
Product Family Definition

A product line in business is a group of related products under the same brand name that is manufactured by a single company. more. Partner Links. Related Articles. Company Profiles.
Apple''s Product Line is Complex. And it''s Perfect The

Some might insist that Apple''s product line has become bloated. Actually, it''s perfect. Twenty years ago, Apple was faltering. It''s too many Mac products were poorly designed and picking the
What is a product line? Definition and examples Market

A product line is a group of products that a company creates under a single brand. The products are similar and focus on the same market sector. Maybe their function or channel distribution are the same or similar. Perhaps their physical attributes, prices, quality, or type of customers are the same.
Product Line Example eNotes

Product line, product mix, and product line extensions are terms frequently used to refers to different aspects of the range of products offered for sale by a company. I am not aware of a term
Product Mix Overview, Dimensions and Practical Example

Within each product line series are three types of cars. In this example, the product length of this company would be 6. #3 Depth. Depth refers to the number of variations within a product line. For example, continuing with the car company example above, a 3series product line may offer various variations such as coupe, sedan, truck, and
* Product Line (Marketing & Web) Definition,meaning

Product Line Firms may decide to split their product mix into groups known as product lines. A product line is a number of products grouped together based on similar characteristics. The characteristic used to split products, will depend on the firm and its product strategy.. Product line A company''s product or group of products with similar characteristics.
Product Mix Flashcards Quizlet

Product Mix, branding, packaging, labeling, warranties, customer service. Eliminating existing products items from an established product line due to being obsolete, declining sales, and new product line direction. Product mix width. the number of product lines an organization offers. Diversifies risk and capitalizes on established reputations.
What does product line mean? definition, meaning and audio

Definition of product line in the AudioEnglish Dictionary. Meaning of product line. What does product line mean? Proper usage and audio pronunciation (plus IPA phonetic transcription) of the word product line. Information about product line in the AudioEnglish dictionary,
Product Hierarchy Levels in a Nutshell

Dec 16, 2017 · Product line – a product line consists of the entire group of products included in a class of products and these products are related because they perform a comparable function, are purchased by the same group of customers or fall within a certain price range. An example of a product line is a laptop, which is a portable and wireless type of
How do product line and product range differ? Quora

A product line is vertical whereas a product range is horizontal. A product line is a family of products derived from the same ancestry. Say an iPhone 4, 6, 7 then 8. A product range is a group of products that generally have something in common o
What is a Product Line? (with pictures)

Nov 01, 2019 · A product line refers to a number of products that are related and developed by the same manufacturer. Product lines are not to be confused with product bundling, which combines various items into one type of product. Items within a product line generally share the same basic theme, and with the
Explain the following: "product line," "product length

Get an answer for ''Explain the following: "product line," "product length," "product width," "product depth?"'' and find homework help for other Business questions at eNotes
Product Line and Product Mix Boundless Marketing

Linefilling and linepruning strategies can take place, depending on whether there is a perceived void in the product line, or whether an existing product in the line becomes obsolete or unprofitable. Key Terms. product line depth: Product line depth refers to the number of products in a company''s specific product line.
Product Line Definition of Product Line by MerriamWebster

Product line definition is all goods made by a manufacturing firm.
Product line definition of product line by The Free

product line n (Marketing) marketing a group of related products marketed by the same company ThesaurusAntonymsRelated WordsSynonymsLegend: Switch to new thesaurus Noun 1. product line a particular kind of product or merchandise "a nice line of shoes" business line, line of business, line of merchandise, line of products, line merchandise, product
Product Costs Types of Costs, Examples, Materials, Labor

Consider the diagram below: Costs on Financial Statements. Product costs are treated as inventory Inventory Inventory is a current asset account found on the balance sheet, consisting of all raw materials, workinprogress, and finished goods that a company has accumulated. It is often deemed the most illiquid of all current assets thus, it is excluded from the numerator in the quick ratio
What is Product Mix? definition and meaning Business Jargons

The Product Line refers to the list of all the related products manufactured or marketed by a single firm. The number of products within the product line are called as the items, and these might be similar in terms of technology used, channel employed, customer''s needs and preferences or any other aspect.
What is product line pricing? definition and meaning

product line pricing: The process used by retailers of separating goods into cost egories in order to create various quality levels in the minds of consumers. Effective product line pricing by a business will usually involve putting sufficient price gaps between egories to inform prospective buyers of quality differentials. Also called
Product line definition and meaning Collins English

Product line definition: A product line is a group of related products produced by one manufacturer, for example Meaning, pronunciation, translations and examples A product line is a group of related products produced by one manufacturer.the company''s most successful product lines.
Product Line Vs. Product Mix Bizfluent

Jan 26, 2019 · A product line is just a group of related products from a single manufacturer, like the cars on a dealer''s lot or the shampoos at your hairdresser. A product mix is whole selection of product lines you offer. A good understanding of product mix is a key element of marketing management.
Product Line Manager Salary PayScale

Feb 04, 2020 · The average salary for a Product Line Manager is $93,560. Visit PayScale to research product line manager salaries by city, experience, skill, employer and more.
Product Lines: Definition & Explanation Video & Lesson

What Is a Product Line? A product line is a group of products that are closely related to each other by function, customer group, market, or price range.. Example. Let''s take a look at a simple
What is a Product Line?

Feb 07, 2019 · A product line is a group of products that a company creates under a single brand. The products are similar and focus on the same market sector. Read more: h
Product Mix, Product Line and Product Items

Product line length THE Marketing Study Guide
Product Line Strategy Bizfluent

Oct 28, 2019 · A product line is a similar group of products that are sold by the company under the same brand. A company may sell multiple products under one product line, and it can also have multiple product lines under its brand. Determining whether to create, expand or retire product lines is part of the overall product line strategy.
What is Product Line Strategy The Adept Group

Product Line Strategy genius matches bundles of technologies to bundles of customer needs. The key, though, is to do so over time and repeatedly. To form a product line strategy, managers must think beyond a common singleproduct mindset. Instead, they must coordinate how multiple products relate to each other and to different market segments.
What is a Product Line? Simplicable

Product line is a term for related products sold separately under the same brand. Products in a line may be complimentary such as shampoo and conditioner. A line may also include variations of the same type of product offered in different colors, styles, features and quality levels.
Product Management Process: The 7 Steps of Product

What is Product Management? Product management is an interdisciplinary role that reaches across teams to plan, design, and continuously bring better products to market. The role evolved out of a set of responsibilities that traditionally fell to lead developers and engineers: scoping out user problems and making critical product decisions.
Line Stretching Definition Marketing Dictionary MBA

Line stretching is an expanding strategy by a company where the new products are launched in the same product line but beyond the current product range with some additional or different features. Line stretching can be done down market, up market or both ways.
Dell Product Lines AllBusiness

The Dell OptiPlex Line . The Dell OptiPlex is the product line to look at when you are buying systems by the dozens, because they are built to be easier to service, and Dell offers software for network administration with this line — OpenManage Client Administrator — which costs an extra $50.
Difference between Product Mix and Product Line

Product Line is defined as the group or set of products that are closely related because they perform a similar function, targeted at the same customer groups and distributed through same channels,etc. Product Line is the products that are offered by the company which are similar and can be sold for the same customers to satisfy the same want.
Product Line Pricing: Part of Your Product Pricing Strategy

Product line pricing requires a different look at setting price. With a line of products to price, you need to consider the whole product mix, the product life cycle within the mix, and your product positioning strategy.. Often new products will enter and exit a line.