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Intro to Marketing CHAPTER 30

AB
Product PlanningInvolves making decisions about those features that are needed to sell a business's products, services, or ideas
Product MixIncludes all the different products that a company makes or sells
Product LineA group of closely related products manufactured and/or sold by a business
Product ItemA specific model, brand, or size of a product within a product line
Product WidthRefers to the number of different product lines a business manufactures or sells
Product DepthRefers to the number of product items offered within each product line
Product ModificationAn alteration in a company's existing product
Product Life CycleRepresents the stages that a product goes through during its life
Product PositioningThe image a product projects
Category ManagementA process that involves managing product categories as individual business units
PlanogramA computer-developed diagram that shows retailers how and where products within a category should be displayed on a shelf at individual stores



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