noun. all of the products carried by a manufacturer, wholesaler, or retailer. a group of products of the same manufacturer having similar or related characteristics and intended for similar or related markets.
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Product line is a group of product items that can satisfy the same needs and wants, they have more or less similar features. For example, Bajaj Auto Ltd., in its two wheeler product line, makes Discover, Boxer, Boss, Pulsar, Cub scooter, Bajaj Sunny, etc.
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Product Line Manager is a very responsible position that involves maintaining a portfolio of all the products and product lines built by the company, or in other words, he is responsible for creating,tracking,monitoring all the products within all the existing product lines of a company.
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Dec 24, 2018· Maxwell's HV product line has not been performing well in the recent times, thanks to the latest import tariff and tax reform-related uncertainties, both ushered in by the Trump administration.
Product line width. The width of the product mix is equal to the number of product lines within a company. Thus, taking the above example, if there are 4 product lines within the company, and 10 products within each product line, than the product line width is 4 only.
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A product line is a group of related products produced by one manufacturer, for example products that are intended to be used for similar purposes or to be sold in similar types of shops. [ business ]
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A product line is "a group of products that are closely related, either because they function in a similar manner, are sold to the same customer groups, are marketed through the same types of outlets, or fall within given price ranges."
A product line is a group of related products under a single brand sold by the same company. Companies sell multiple product lines under their various brands.
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.
Definition of product line 1 : all goods made by a manufacturing firm 2 : a group of closely related commodities made by the same process and for the same purpose and …
Since one line has a depth of six and the second line has a depth of four, your company's average depth of product lines is five (6+4=10, 10/2=5). Consistency is Relationship
Product Line. A product line is a group of products that are closely related and are promoted together. For example, when a company creates a group of products that deal with hygiene, such as shaving cream, soap and shampoo, this is known as a product line.
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Aug 01, 2018· All the products a given company produces comprise the product mix, or product assortment. A product line would be a group of these products …
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Product Mix vs Product Line. A product mix is the group of everything a company sells. However, the product line is a subset of the product mix. A product line refers to a unique product a company offers. For example, Patanjali deals in different categories of products which include shampoo, flour, …
Product line pricing is a product pricing strategy, used when a company has more than one product in a product line. It is a process that traders adopt to separate products in the same category into various price groups, to create different quality levels in the customers' minds.
"Thanks to a brilliant marketing move, the new addition to the product line was a much larger success for the company than anyone could have anticipated.
Dec 21, 2018· 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 help of a successful marketing plan these products can be entirely effective.
Having a steady product line will let your customers know what they can expect out of the products that you offer. 19 people found this helpful I thought the company had a really great product line with a whole variety of products that worked great for me.
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Aug 28, 2016· Product line is a group of related products defined by their functions and customer market, forming a "line" or category (Neu, Steffen & Margaria, 2003).