product mix consist of product variety, size, packeging, labelling etc.
The term used to describe all the activities involved in marketing a product is "marketing mix." This concept encompasses various elements, commonly referred to as the 4 Ps: product, price, place, and promotion. These components work together to effectively position a product in the market and reach the target audience.
The concept of "promotion mix" refers to using a combination of different promotional techniques on one product line. For example, a mix of print advertising, broadcast advertising, direct marketing, personal sales and merchandise displays.
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
The first element in the marketing mix is the product.
Product mix expansion is increasing the increasing the depth within the product l line
the variety of product lines that a company produces, or that a retailer stocks. Product mix usually refers to the length (the number of products in the product line), breadth (the number of product lines that a company offers), depth (the different varieties of product in the product line), and consistency (the relationship between products in their final destination) of product lines. Product mix is sometimes called product assortment.
The concept of "promotion mix" refers to using a combination of different promotional techniques on one product line. For example, a mix of print advertising, broadcast advertising, direct marketing, personal sales and merchandise displays.
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
advangage of product mix
The first element in the marketing mix is the product.
The total product concept include: potential, augmented, expected and core. The concept refers to the collection of services offered by a service or product.
production concept marketing concept selling concept product concept
what
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Product mix expansion is increasing the increasing the depth within the product l line
what exmples best describe the going concern concept
trail mix