What are product lines examples?
What are product lines examples?
Examples of Product Lines (NKE) has product lines for various sports, such as track and field, basketball, and soccer. The company’s product lines include footwear, clothing, and equipment. The various product lines for Starbucks Corporation (SBUX) include coffee, ice cream, and drinkware.
What is meant by product line strategy?
A product line strategy is a coherent approach to advance a product line. There are good strategies, poor strategies, and many in between. This definition shares foundational thinking about good strategies.
What is product line architecture?
A product-line architecture (PLA) is a blue-print for creating families of related applications. PLAs acknowledge the fact that companies don’t build individual products, but instead create families of closely related products.
What is product line analysis?
Product line analysis (PLA) is early requirements engineering for a product line of software-intensive systems. It encompasses the rapid elicitation, analysis, specification, and verification of the requirements for a product line.
What is Apple’s product line?
Company Information The Company’s products include iPhone, Mac, iPad, and Wearables, Home and Accessories. iPhone is the Company’s line of smartphones based on its iOS operating system. Mac is the Company’s line of personal computers based on its macOS operating system.
Why is product line important?
A product line is a set of related products which are sold to consumers under a sole name or brand. Product lines are important for three primary reasons: familiarity, product and brand diversification through market penetration, and created value.
What are the major product line strategies?
The major product mix strategies (given by William Stanton and others) have been discussed briefly as under:
- Expansion of Product Mix.
- Contraction of Product Mix.
- Deepening Product Mix Depth.
- Alteration or Changes in Existing Products.
- Developing New Uses of Existing Products.
- Trading Up.
- Trading Down.
- Product Differentiation.
What are the 5 product mix strategies?
Five product mix pricing situations
- Product line pricing – the products in the product line.
- Optional product pricing – optional or accessory products.
- Captive product pricing – complementary products.
- By-product pricing – by-products.
- Product bundle pricing – several products.
What is product line in software engineering?
A software product line is a set of software-intensive systems that share a common, managed set of features satisfying the specific needs of a particular market segment or mission and that are developed from a common set of core assets in a prescribed way.
What can stated about Modifiability?
What can stated about Modifiability? Explanation: Modifiability is always considered largely architectural, Modifiability can be determined by how functionality is divided.
What is the importance of product line?
Is iPhone a product line?
The iPhone is a line of smartphones designed and marketed by Apple Inc. These devices use Apple’s iOS mobile operating system. The first-generation iPhone was announced by then-Apple CEO Steve Jobs on January 9, 2007. Since then, Apple has annually released new iPhone models and iOS updates.