Chapter 11 Flashcards
systematic decision making relating to all aspects of the development and management of a firm’s products, including branding and packaging
product planning
the stages a product goes through from the time it is first introduced onto the market is the time it is taken
the product life cycle
a name, term, symbol, that identifies the goods and services of a seller
brand
a word, letter group of words that can be spoken
brand name
brand extension of the same name
family branding
separate brands are sued for different items or product lines
individual branding
high market share/ slow industry growth
cash cow
high/ high
star
?
low market share/ high industry growth, new product
dog
low market share/ show industry growth