PRODUCT :
Product
hierarchy :
The
product hierarchy stretches from basic needs to particular items that satisfy
those needs. Six levels can be characterized.
Need Family : the core need that is associated
with a product
For Himalaya the need family is personal
health care
Product
family : Comprise of all the product classes that can satisfy core need with
reasonable effectiveness.
For Himalaya the product family is skin care
and cosmetics.
Product
class : A group of product within a class that is recognized as having a
certain coherent function.
For Himalaya the product class is soap face
wash, moisturizer, petroleum jelly etc
Product
line : a group of product within a particular class because they are closely
related as they perform similar function, as they sold to same customer segment
and have more or less the same marketing strategy.
For Himalaya the product line is Himalaya
face wash, scrub, face pack etc
Product
type : A group of item within a certain line that share one of several possible
forms of the product.
For Himalaya the product type is Himalaya
neem face wash, for acne and pimple, Himalaya lemon grass face wash for oily
skin, Himalaya kesar face wash for fair skin.
Item
: A distinct unit within a brand distingusible by size, appearance, price etc.
For Himalaya the item or SKU is its
availability in various sizes, various prices etc.
PRODUCT MIX :
A
product mix or product assortment is a set of all products an items a
particular seller offers for sale.
width : refers to the different product line the company carries.
Himalaya
has arrange of herbal products right from health care medicines to personal
care products.
length : refers to the total number of items
in the mix.
Himalaya
has a total of 30 items in the set of products the company sells.
Depth
: Depth of a product refers to how many variance are offered on each product.
Himalaya
offers at least 10 on each product. It has face wash based on neem, kesar,
lemon grass etc.
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