3. PRODUCT LINEPRODUCT LINE
A product line is a group of products that are closely
related because they function in a similar manner,
are sold to the same customer groups, are marketed
through the same types of outlets, or fall within given
price ranges. Product line is the number of items include
I. Product line stretching
II. Product line Filling
5. PRODUCT LINE STRETCHINGPRODUCT LINE STRETCHING
Product line stretching occurs when a company lengthensoccurs when a company lengthens
Its product line beyond its current range based on additionalIts product line beyond its current range based on additional
Or different features.Or different features. For Example:
GALAXY NOTES 2, 3, 4, 5GALAXY NOTES 2, 3, 4, 5
6. PRODUCT LINE FillingPRODUCT LINE FillingPRODUCT LINE FillingPRODUCT LINE Filling
Product line filling is the type of product line extension
to introduce new version of existing product in the market
within the same price range. For example:For example: Galaxy Note 8.0, Galaxy s6,Galaxy Note 8.0, Galaxy s6,
Galaxy tab, Galaxy Mega 5Galaxy tab, Galaxy Mega 5