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What is a product portfolio analysis?

 

Product portfolio analysis

has been created to help marketers to make a

product portfolio management

. So you start with analysis to recommend management strategy for your

product portfolio

.

 

In this article I am explaining

how to analyze your products and compare them to competitors’ products

.

 

How to make a product portfolio analysis?

there are three

products portfolio analysis tools

;

P.L.C.; Product Life Cycle, B.C.G. Matrix; Boston Consultancy Group Matrix, and G.E. Matrix; General Electric Matrix

. 

 

 

What is P.L.C.; Product Life Cycle?

It’s a valuable tool to help you in defining the different stages of product development; also it helps to forecast future demand about your products. Product Life Cycle (PLC) is reminding us that all products are having a limited life time, so it’s helping to predict the profit levels and for tailoring marketing programs according to the demand, your product development stage, current profits and level of investments and your changing customers’ needs.

 

In the product life cycle (PLC); there are four development stages for any product; Introduction, Growth, Maturity and Decline.

See the full article of P.L.C.; Product Life Cycle.

 

What is B.C.G. Matrix; Boston Consultancy Group Matrix?

B.C.G. Matrix is considered as both planning and analysis tools for your products portfolio (as main objective) and also it help you to understand how much your product performing from your competitors and market leader.

This tool is classified the products on the basis of:

 1.      Their market share relative to that of their competitors.

 2.      According to the rate of growth in the market as a whole.

 

  •   Products are positioned in the matrix as circles with diameter proportional to their sales revenue.
  •   The usual sequence of a new product is the problem child to begin with, then with effective marketing it become a star. As markets mature, a cash cow, finally a dog.

See the full article of B.C.G. Matrix.

 What is G.E. Matrix; General Electric Matrix?

 It’s similar to BCG matrix, but includes a broader range of company & market factors. The matrix classifies products/businesses according to:

  •          Industry attractiveness:  market share, market growth, competitive climate, stability of demand, ease of market entry, industry capacity, levels of investment, profitability.
  •          Company strength: relative market share, co image, production capacity, production cost, financial strengths, product quality, distribution system, control over prices/margins.

See the full article of G.E. Matrix.

Related articles to Product Portfolio Analysis:

1.      Product Life Cycle:

2.      B.C.G. Matrix:

3.      G.E. Matrix:

Related articles to Product Mix:

1. What is a product strategy?

2. What is a product in marketing terms?

3. What is a product portfolio in marketing?

4. What are elements of product marketing?

5. What are product characteristics in marketing mix?

6. How to make a Product portfolio management?

7. New Product Development:

8. Product Adoption Process:

Related articles to marketing mix (marketing tactics or 7 P’s):

1.      What is a marketing mix strategy in 7 steps?

2. What is Marketing Mix Strategy from Organizations and Customers’ Perspectives?

3. Promotion (Marketing Communications):

3.1. How to improve marketing communications in 3 approaches?

3.2. How to get a marketing communications job?

3.3. What is integrated marketing communications?

3.4. What is an integrated marketing communications plan?

3.5. How to make an integrated marketing communications plan in 7 steps?

3.6. Integrated marketing communications templates (Word, PowerPoint and PDF).

3.7. How to make customers profiling?

3.8. How to use Pull-Push Strategy in Marketing Communications Plan?

3.9. What is a marketing communications objectives framework?

3.10. What are integrated marketing communications objectives?

3.11. Branding:

3.12. Integrated Marketing Communications Mix:

4. Price:

4.1. What is a pricing about in marketing mix (7P's)?

4.2. Customers Price Perceptions about Different Pricing Strategies (part 1 and 2).

4.3. What are factors affecting your pricing Strategies?

4.4. What Is Customers’ Value Proposition?

4.5. What is Employees’ Value Proposition (EVP)?

4.6. What is a Price Elasticity and Inelasticity of Demand?

4.7. Price Determinants:

4.8. What Are Pricing Objectives?

4.9. What are pricing Strategies in Marketing Mix?

4.10. What is Strategic Pricing Strategies in Marketing Mix?

4.11. What is Tactical Pricing Strategies in marketing mix?

4.12.        What Are Stages of Developing New Price?

Technogenics