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Theme 1
Marketing Mix and Strategy
Boston Matrix
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Created by
Chloe
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Cards (10)
what is a
product portfolio
?
the range of
products
and/or
brands
sold/purchased by a business
what is the
boston matrix
?
A matrix used for
portfolio analysis
, categorizing products or businesses into four quadrants based on
market growth
and
market share
.
what are stars?
products with a
high market share
and
high market growth
what are
cash cows
?
products with a
high market share
and
low market growth
what are
question marks
?
products with a
low market share
and
high market growth
what are
dogs
?
products with a
low market share
and
low market growth
what is this?
the
boston matrix
grid
advantages of the boston matrix?
helps to identify suitable
strategies
for products
helps to achieve a
balanced portfolio
disadvantages of
boston matrix
?
strategies
will not suit all
situations
doesn't look into
predictions
for the
future
only analyses
two factors
what are the strategies for the
boston matrix
?
question mark -->
invest
star -->
maintain
cash cow -->
maximise
profit
dog -->
discontinue
or sell off product