This document discusses different frameworks for classifying and analyzing products and services: 1. It describes different types of consumer goods - convenience goods, shopping goods, specialty goods, and unsought goods - based on customer effort and purchase frequency. 2. It introduces the product life cycle model which describes the typical stages of development, growth, maturity, and decline that products go through. 3. It outlines the Boston Matrix (Growth/Share Matrix) which categorizes products based on their market share and market growth as stars, cash cows, question marks, or dogs. 4. Finally, it explains Ansoff's Matrix which analyzes product/market strategies for market penetration, market development, product development