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Product preparation
Marketing 2021
| Question | Answer |
|---|---|
| Product planning | involves making decisions about what features should be used in selling a business's products, services, or ideas. |
| product mix | includes all the different products that a company makes or sells. |
| product line | is a group of closely related products manufactured or sold by a business. |
| product item | is a specific model, brand, or size of a product within a product line. |
| product width | refers to the number of different product lines a business manufacturers or sells. |
| product modification | is an alteration in a company's existing product. |
| category management | is a process that involves managing product categories as individual business units. |
| planograms | Another way manufacturers can help retailers |
| brand | a name, term, design, symbol, or combination of these elements that identifies a product or service and distinguishes it from its competitors. |
| package | the physical container or wrapping for a product. |
| mixed bundling | The practice of packaging different products and services together |
| price bundling | when two or more similar products are placed on sale for one package price |
| blister packs | packages with preformed plastic molds surrounding individual items arranged on a backing. |
| aspect packaging | incorporates a technology that keeps foods fresh without refrigeration for extended periods of time. |
| cause packaging | Some companies are also using their packages to promote social and political causes. |
| label | information tag, wrapper, seal, or imprinted message that is attached to a product or its package. |
| descriptive label | gives information about the product's use, construction, care, performance, and other features. |
| grade label | states the quality of the product. |