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Application of product life cycle concept to private label management

Sandra Horvat ; Faculty of Economics and Business, University of Zagreb


Puni tekst: engleski pdf 200 Kb

str. 63-75

preuzimanja: 1.624

citiraj


Sažetak

Private labels have recorded significant growth rates worldwide, becoming a serious threat to manufacturer brands. Development of private labels in many different product categories increased the complexity of their management. Therefore, this paper examines the possibility of using the product life cycle concept in private label management. Given that private labels are a specific brand type, it is necessary to adjust certain elements of the product life cycle concept, as it was developed on the basis of manufacturer brands. For instance, in the growth stage of the product life cycle, retailers expand private labels to a number of product categories and use the push strategy while manufacturers tend to expand their distribution network in the expansion of their brands and predominantly use the pull strategy in doing so. Furthermore, there is a focus shift from low-price strategy, predominantly used in the introduction phase, to increasing the quality and private label value in the later stages of the product life cycle.

Ključne riječi

private label management; product life cycle

Hrčak ID:

104093

URI

https://hrcak.srce.hr/104093

Datum izdavanja:

20.6.2013.

Podaci na drugim jezicima: hrvatski

Posjeta: 2.893 *