product portfolio

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  • Created by: emily_284
  • Created on: 01-01-22 15:03

product portfolio

Advantages

  • businesses can spread risks over different markets
  • a business can meet the needs of different market segments and appeal to more customers
  • newer products can replace those at the end of their life cycle
  • a range of products increases the awareness of the brand as a whole

Disadvantages

  • there are high costs involved in researching and developing products
  • high marketing costs are incurred to p;romote so many products
  • bad publicity surrounding one product can affect the whole portfolio

Evaluation

involves having a variety of similar products on sale.

Comments

SelenaTYarbrough

Report

Do you need a professional portfolio and write a detail description on your product or service? I'm studying Statistics in a Business School in New York and I have to confess that I have to use a writing service as it's impossible for me to do everything on time. While I was surfing on the internet for hours for a useful info, my friend shared with me a review on edubirdie personal help for every student demand on the website https://domeanessay.com/edubirdie-com-personal-help-for-every-student-demand/. It's a short and fair review that i relied on and decided to use the service. I'm surprised but their writers have definitely degree in Economics as they wrote a professional product portfolio I had to do at my high school. I like the portfolio above as it's a brief one but if you need a detailed and professional one you can ask edubirdie. At least, it worked our for me well.

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