Question: Product Strategy Study Guide I was wanting a brief breakdown/interpretation of the below to use as a study guide for my final BCG matrix Ansoff
Product Strategy Study Guide
I was wanting a brief breakdown/interpretation of the below to use as a study guide for my final
BCG matrix
Ansoff Growth Strategy Matrix
Product differentiation (horizontal and vertical)
Service differentiation
Types of products (convenience, shopping, specialty, unsought)
Product lines (and dimensions), line extensions, brand extensions
Importance of innovation (launching new products)
Cannibalization Calculation to determine whether to launch a new product
Branding
oUnderstanding the idea of brand equity, protecting your brand image,
oTradeoffs between contribution, market share and brand equity
oCo-branding
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