What Is The Meaning of Product Assortment?


0

 Product Assortment

 The set of all products and items offered by a company for sale is called a ‘product mix’.
A company’s product mix includes :

1. Product width
It refers to the number of different products the organization offers. For example, product width of HLL includes soaps, cosmetics, ice-cream, atta, toothpaste etc.

2. Product length
It refers to  the  total number of items in each product category; for e.g. in the category of soaps HLL includes brands like Lux, Liril, Lifebuoy and so on..

3. Product depth
It explains the number of variants of each product in the line. If Colgate toothpaste has two variants like Colgate Total, Colgate Gel etc.

4. Product consistency
It refers to how closely related the various product lines are, with respect to end use, production requirements, distribution channels or some other way..

 

https://www.youtube.com/watch?v=zzy4eRdD3es


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

0 Comments


Warning: Undefined array key "html5" in /home/bmsnewco/public_html/wp-content/plugins/facebook-comments-plugin/class-frontend.php on line 140

Facebook comments:

This Website Is For Sale. Email us an offer we cannot refuse on [email protected] :)

X
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube and Vimeo Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format