Product Management
Product Management
is one of the four areas of
marketing
. The other three parts of the
marketing mix
are
pricing
,
promotion
, and
distribution
. Product management deals with questions like:
What
products
to produce and sell
What
new products
to add
What existing products to discontinue
How long will it take for a product to
penetrate
the market
How many products to have in the
product line
How to balance a product
portfolio
How to introduce a product to the market
Whether to use a
product differentiation
strategy
What is the best product
positioning
What
brand
name to use
Whether to use
individual branding
or
family branding
Whether to use
product bundling
or
product lining
What
logo
to use
Product Life Cycle
considerations
Planned obsolescence
considerations
See also
product
marketing management
brand management
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