Question

What are the 3 product mix strategies?

Answer 1

Each incredible product strategy is involved in three sections: Vision, Goals, and Initiatives:

Vision: Portrays the market scene, who the clients are, what they need, and how you intend to convey a one-of-a-kind contribution.

Goals: They are quantifiable and characterise what you need to accomplish in the following quarter, year, or year and a half.

Initiatives: Are the significant level endeavors that will assist you in accomplishing your objectives.

Also see:

• Product Mix
• MCQs on Marketing Mix