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Published byNatalie Ferguson Modified over 9 years ago
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MANAGING PRODUCTS, SERVICES, AND BRANDS CHAPTER
Slide 11-2
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THE PRODUCT LIFE CYCLE Product Life Cycle Introduction Stage
Primary Demand Selective Demand Slide 11-11
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How stages of the product life cycle relate to a firm’s marketing objectives and marketing mix actions Slide 11-12
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Which stage of the PLC? How do you know? Product development Introduction Growth Maturity Decline
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Which stage of the PLC? How do you know? Product development Introduction Growth Maturity Decline
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Alternative product life cycles
Slide 11-21
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Some Dimensions of the Product Life Cycle
Length of the Product Life Cycle Shape of the Product Life Cycle Slide 11-19
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BRANDING AND BRAND MANAGEMENT
LINE EXTENSION PRODUCT EXTENSION Slide 11-35
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Breathe Right® Nasal Strips Product Line
Slide 11-61
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BRANDING AND BRAND MANAGEMENT
Brand Personality Brand Equity Slide 11-35
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Alternative branding strategies
Slide 11-41
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Product Life Cycle The product life cycle describes the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline. Slide 11-78
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Branding Branding is a marketing decision, in which an organization uses a name, phrase, design, symbol, or combination of these to identify its products and distinguish them from those of competitors. Slide 11-79
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Brand Personality A brand personality is a set of human characteristics associated with a brand name. Slide 11-81
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Brand Equity Brand equity is the added value a given brand name gives to a product beyond the functional benefits provided. Slide 11-82
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