EPISODE · Feb 14, 2024 · 18 MIN
Ep#53 Product range: More isn’t always profitable
from Counterpoint Podcast · host Vector Consulting Group
Tune in to the latest episode of the Counterpoint podcast where we delve into the complex issue of managing an ever-increasing product range within companies. In this insightful episode, Arvind Rana, Partner, Vector Consulting Group dissect the dilemmas faced by organizations, from conflicting demands of sales teams and NPD departments to the financial implications of expanding product ranges. He further shares an invaluable insights into why simply adding more products isn't always the answer and how it can lead to operational inefficiencies and decreased profitability. Listen to the full episode to learn how trimming product ranges can lead to enhanced focus, improved operational efficiency, and ultimately, increased sales
What this episode covers
Tune in to the latest episode of the Counterpoint podcast where we delve into the complex issue of managing an ever-increasing product range within companies. In this insightful episode, Arvind Rana, Partner, Vector Consulting Group dissect the dilemmas faced by organizations, from conflicting demands of sales teams and NPD departments to the financial implications of expanding product ranges. He further shares an invaluable insights into why simply adding more products isn't always the answer and how it can lead to operational inefficiencies and decreased profitability. Listen to the full episode to learn how trimming product ranges can lead to enhanced focus, improved operational efficiency, and ultimately, increased sales
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Ep#53 Product range: More isn’t always profitable
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