product line and product mix of neste pakistan
TRANSCRIPT
PRODUCT LINE AND
PRODUCT MIX
HASSAAN JAMIL #14945
SHEHROZ ADIL #10833
PRODUCT LINE
Collection of products, offered by a firm,
that satisfy similar needs for different
audiences
Expanding product line helps company to
survive in competitions
Multinational companies generally have
large product line
PRODUCT MIX
Set of all product offered for sale by a
company
It consist of various product’s line
Any companies product mix has four
dimensions
◦ Width
◦ Length
◦ Depth
◦ Consistency
DIMENSIONS OF PRODUCT
MIX Width is number of different product lines
carried by company
Length is total number of items in the product mix of the company
Depth is assortment of size, color and models offered in each item of a product line
Consistency refers to relationship of various product line either in their end use, production requirement distribution channel or other way
IMPORTANCE
• Inventory Management
• Providing Focus
• Customer Needs & Loyalty
• Business Image
• Life Cycle
EFFECTIVE PRODUCT LINE
Know Your Product's Life Cycle
Four Steps to Expansion
PRODUCT LINE OF
NESTLE’• Ambient Diary (Milkpak,Cream,Nesvita,Nido,Everyday)
• Chilled Diary (Yogurt,Raita,Actiplus,Riwayati Mazaa)
• Beverages (NesFruta & FrutaVitals)
• Bottled Water (Nestle Pure Life)
• Culinary and Foods ( Maggi & Yumm power)
• Baby Food ( Cerelac 1&2)
• Breakfast Cereals (KOKOCrunch, Milo, Fitnesse,
CornFlakes)
• Coffee (Classic, Gold, 3in1)
• Confectionary (Cruch & Kitkat)
• Nestle Professional
FUTURE FORECAST
From 1988 and after acquiring management of MilkPak. Nestle Have
specific targeting the basic Necessities of the people starting of from
Dairy items they have led their business with quality and lucrative
products with ultimate consistency in their taste and product image
getting stronger and stronger everyday.
For Future they have no concept of product decline they do believe to
revive them up whenever it’s starting to get weak in the market with a
stronger promotion and something that’s out of everyone’s league
(competitors).
We haven’t got any record of their product which have declined in the
recent past as they have been accurate in selecting their market with
their strong vision to provide healthy foods items that’s your need from
start till the end of the day.
RECOMMENDATIONS
It is essential to research before having an
idea of the market about your product but
Nestle had been slow in some of it’s
product introduction while the testing and
research took a little too much time as
compared to the competitors which had led
some setbacks for one of te product line of
Maggi Noodles (Culinary and foods).
We would recommend to have an clinical
edge in their research department as well
because they have trend to set the level of
everyone of their product line whe it comes
to quality of lucrative products as it is the
only thing that they offers.
THANK YOU FOR YOUR
TIME!