Product Mix Strategy (Ayan)
Product Mix Strategy (Ayan)
Product Mix Strategy (Ayan)
The product mix is dependent on the the product line which is a group of closely
related products that are that are considered a unit because of marketing, technical or end use
considerations. So analyze the each product we have to know the two factors:
1. Sales and Profit
2. Market profile
According to the product mix (Product assortment) is come up both Product lines
and individual product. The product assortment is the set of all products and items which is
particular seller offers for sale.
The product line and the product mix are very much related with each other
because of their functionality is similar and that are sold to the similar kind of customer and
marketed similar kind of outlet within the given price ranges.
An individual Product is a distinct unit within the line of product by size ,price, appearance
,attribute.
A companys product mix has some important attribute which is given below :
Breadth: The breadth is also called assortment .It refers to the number of merchandise brands in
the merchandise line.The Van heusen has 3 different merchandise lines.
1. Formal wear
2. Party wear
3. Casual wear
Width: This refers to how many different product lines the company carries.
Van Heusen is the brand product/merchandise from the house of Madura fashion
ltd. So the company has different product lines for this particular vanheusen merchandise
product.
Trouser( Men
& Women)
Accessories
(Men &
Women)
T-shirt and
casual
wear(Men
& women)
Shirt(Men
&Women)
Van heusen
Depth: This is refers to how many variants, shades, models ,pack sizes etc are offered of each
product in the time. the
The depth of merchandising refers to the average n.o. of SKU(Stock Keeping
Unit)Within Each brand of merchandise lines. Here Van heusen has 3 subbrand- Van heusen
sport, Van heusen Formal and V-Dot -3 SKU of sub brand. This SKUs largely shown in Retail
and showroom outlet.
Vanheusen products have various shades colour, sizes are available.
Men
Women
Type of Shirt
Casual,Formal
Size
Small,Medium,Large,Xtra large
Type of fabric
Colour(Main)
Colour shade
Sleeve Length
Sleeve type
collar
33cm,34cm,35,36cm
Type of trouser
Casual,Formal ,sport
Casual,Formal,Party
Trouser Size
28,30,32,34,36,38,40
24,25,26,27,28,30,31,32,33,34,36,38
Trouser Colour
Type of fabric
Cotton,poly cotton,Satin
Type of T shirt
Casual ,Formal
Casual Formal
Size of T-shirt
S,M,L,XL,XXL
XS,S,XM,M,L,XL,XXl
Formal,Party
Formal,Party
jackets type
Suit ,Blazer &
jackets fit type
Trouser
T- shirt &
casual wear
Accessories
1.cotton Shirt
1.Formal Business
1.Sunglass
2.Iron free
less trouser
suite(Men/Women)
2.Shoes
shirt
2.Plate trouser
colour
2.Waist coat
(Casual and
3.Wrinkle free
3.Cotton
2.Party T-
3.Single breasted
Formal)
shirt
trouser
shirt
blazer(Men/Women)
3.Wallet
4.3x Drier
4.Iron free
3.Batches t-
4.Evening
4.Leather Bag
shirt
trouser
shirt
Blazer(Men/Women)
5.Belt
5.Crush free
5.Stretchable
4.V neck
6.Shocks
shirt
trouser
5.Round neck
7.Jewellery
6.Premium
6.Jeans
7. High neck
8.Tie
collar
9.Travel Bag
shirt
7.Party shirt
(Corporate)
Consistency: This refers to how closely the various product lines are related in end
use,Production requirements distribution channels.
The Van heusen products contact their delivers an impression that can strengthen or weaken the
customer view of the company.So the company use various channel for communication to reach
their end user. The common channels are Advertising,Sales promotion,Public Relation,Personal
selling,Direct marketing.
Also the Company distribute the Van heusen product through Retailer,Wholeseller and
Franchise.Now they are very much dependent on online store to distribute their product among
the end user.