This book provides--for the first time in a single source--a
complete--and systematic treatment of the varying perspectives and
dimensions of product management. Onkvisit and Shaw focus on
product management and decision making within a product life cycle
context, integrating theory, applications, and managerial
implications to provide product managers, corporate planners, and
entrepreneurs with a balanced, meaningful framework for strategic
decisions. Throughout, examples of actual products and company
strategies are used to illustrate the authors' points.
Following an introductory chapter on the nature and types of
products--such as product vs. commodity--and what constitutes a
product from the consumer's and management's viewpoint, the authors
demonstrate how to formulate appropriate marketing strategies for a
variety of market situations. Unusually comprehensive in scope, the
book devotes separate chapters to demographic trends and their
marketing implications, the evolution of pricing and marketing
strategies as the product moves through its life cycle stages, the
diffusion of innovations and the adoption process for new products,
and the international product life cycle and strategies for meeting
foreign competition. An important resource for product managers and
marketing professionals, this book is also an ideal text for
business school courses in product and marketing management.
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