Management Notes

Reference Notes for Management

Product Line – Important Aspects of Product Line| Principles of Marketing

Product Line

Product Line

What is a Product Line?

A product line is a group of interrelated products fulfilling the identical needs and wants of the customers under a single brand sold by the same company. Companies often expand their offerings by adding to existing product lines, because consumers are more likely to purchase products from brands with which they are already familiar. Product lining is the marketing strategy of offering several related products for sale as individual units. A product line can comprise related products of various sizes, types, colors, qualities, or prices.

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