Product
Product item
-A specific version of a product that has a unique designation in the sellers list of products.
Product line
-A collection of similar or related products. (depth)
Product mix
-The variety of different products offered by a business. (breadth)
Product range
-Breadth and Depth, Everything together.
Purpose of expanding product range is to increase revenue and reduce risks.
-A specific version of a product that has a unique designation in the sellers list of products.
Product line
-A collection of similar or related products. (depth)
Product mix
-The variety of different products offered by a business. (breadth)
Product range
-Breadth and Depth, Everything together.
Purpose of expanding product range is to increase revenue and reduce risks.