Chapter 6

Product Analysis and Product Management

Products and product management were the fifth most-cited sales and marketing problem of the 126 companies following (1) marketing, marketing research, analysis, and knowledge; (2) sales force capabilities, performance, and sales coverage; (3) competitor intelligence, differentiation, and competitive advantage; (4) and prospect and lead generation. Some of the companies’ comments pertaining to products and product management included:

Limited market knowledge, foreign competition, poor customer awareness of company’s capabilities, lack of quality leads, declining market share, limited sales personnelinsufficient product capabilities;

Lack of products with a universal application and appeal; ...

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