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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