What is the assortment of products or services offered by a business
The main characteristics of a company's product assortment are:Product breadth is all about how wide and diverse an assortment is.(1) its length or number of products, (2) its breadth or number of product lines, (3) its depth or number of product varieties within a product line and (4) its consistency or how.Assortment planning is a strategy to pick up the right product collection to offer in a particular area and specific period.Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm.
For assortment optimization insights in retail, intelligence node offers incompetitor®, a retail analytics software that gives you visibility into your competitors' pricing, promotion and catalog strategies.These decisions affect both retailers and manufacturers supplying them.The more variations the store is offering, the deeper is its product assortment.In the apparel and fashion sector, these challenges are also more complicated, because of limited time windows.Definition product assortment refers to the variety of products and services that a company or a retailer makes or offers to the consumers.
These professionals create websites, logos, advertisements and other promotional content for companies to increase public interest.When a company wants to create a website or other media, it may need to hire a design service, such as a graphic or website designer.Product assortment, sometimes referred to as merchandise mix, refers to the variety of products that a retailer stocks and sells.The more products are offered the broader is the product assortment of this business.You'll fully explain the concept for your business, along with all aspects of purchasing, manufacturing, packaging, and distribution.
You'll go over suppliers, costs, and how what you're offering fits into the current.