{"id":18548,"date":"2023-01-09T05:52:00","date_gmt":"2023-01-09T05:52:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=18548"},"modified":"2023-01-09T16:53:28","modified_gmt":"2023-01-09T16:53:28","slug":"product-line","status":"publish","type":"post","link":"https:\/\/businessyield.com\/business-strategies\/product-line\/","title":{"rendered":"PRODUCT LINE: All you should know with Practical Examples(+ Free Tips)","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

Product Line<\/span><\/h2>\n\n\n\n

Many companies create Product lines as a marketing strategy to keep the sales of consumers who are already buying the brand and even attract more consumers. However, the key factor is that consumers are more likely to respond positively to brands they know and love. They will also be willing to buy new products from these brands based on their positive experiences with the brand in the past. These consumers are also likely to influence other people who would influence other people and so on. In this article, we\u2019ll discuss what a product line is, the product line for coca-cola, the best skincare product line, and product line vs product mix.<\/p>\n\n\n\n

Above all, companies use product lines to measure trends, which helps them to determine which markets to target.<\/p>\n\n\n\n

What is a Product Line?<\/span><\/h2>\n\n\n\n

A product line is a set of related products marketed under the same brand name by the same company. Most firms sell multiple product lines under their various brand names, often differentiated by price, quality, country, or targeted group.<\/p>\n\n\n\n

While businesses often expand their offerings by adding to existing product lines because consumers are more likely to buy products from brands they already know. Moreover, product lines can be abandoned if they prove abortive. The full portfolio of product lines is a company’s product mix.<\/p>\n\n\n\n

What Is the Purpose of a Product Line?<\/h2>\n\n\n\n

Product lines improve market reach, client retention, and sales value. Product lines aim to keep brand-loyal customers.<\/p>\n\n\n\n

Product Lines Examples<\/h3>\n\n\n\n