Friday, October 28, 2022

The Reasons Behind Product-Line Expansions

 Every sector of consumer goods and services has seen a proliferation of items over the past few years, and there are no signs that this trend is slowing down. the majority of businesses are moving full-steam ahead with their line extensions and other product-expansion efforts. However, increasing amounts of evidence show that such aggressive strategies might be dangerous, as John A. Quelch and David Kenny contend in "Extend Profits, Not Product Lines."