Product Strategy

Description

PRODUCT STRATEGY: PORTFOLIO MANAGEMENT CONCEPTS, TYPES AND TOOLS
Maria Fernanda Villalba Gonzalez
Mind Map by Maria Fernanda Villalba Gonzalez, updated more than 1 year ago
Maria Fernanda Villalba Gonzalez
Created by Maria Fernanda Villalba Gonzalez over 2 years ago
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Resource summary

Product Strategy
  1. What is a product?
    1. Mix of tangible and intangible
      1. Be an idea
        1. A physical entity (a good)
          1. A service
            1. His desires or needs
            2. Levels of a product
              1. 1. Core benefit
                1. Need that a product meets
                2. 2. Generic product
                  1. Process
                    1. This need is met
                    2. 3. Expected product
                      1. Attributes or characteristics
                        1. Consumers expect when they buy products
                        2. 4. Augmented product
                          1. Offered to the customer
                            1. Exceeds his or her expectations
                              1. Differentiate their products
                              2. 5. Potential product
                                1. Possible improvements and changes
                                  1. In the future add value
                                    1. Perceived by consumers
                                  2. Physical Attributes or Characteristics
                                    1. Internal characteristics
                                      1. Quality
                                        1. Needs or requirements
                                          1. Consumer's perception
                                          2. External characteristics
                                            1. First glance
                                              1. Differentiate a product
                                              2. Design
                                                1. Appearance and functions
                                                  1. Facilitate marketing
                                                    1. Distribution channel
                                                    2. Packaging
                                                      1. Product design
                                                        1. Aesthetic components
                                                          1. Environmental standards
                                                        2. The Brand
                                                          1. Key elements of the commercial
                                                            1. Bonds can be built with customers
                                                              1. Brand Identity
                                                                1. Represent in consumers' minds
                                                                  1. Analysis of the answers
                                                                    1. Identify the connection between the product
                                                                    2. Typology of brand strategies
                                                                      1. Brand promotion costs
                                                                        1. Different brands for different products
                                                                          1. Wide range of typologies
                                                                          2. Industrial goods
                                                                            1. Transformed
                                                                            2. Services
                                                                              1. Individually identified and which are not of other products
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