The document summarizes the four quadrants of the Matrix framework: Stars represent market-leading products requiring investment to sustain high growth and market share; Cash Cows have high share but low growth, requiring maintenance and cost management; Dogs have low share and growth, making little profit and draining resources; Question Marks have low share but high growth, proving tricky to manage as they seek to increase market share in a growing market.
The document summarizes the four quadrants of the Matrix framework: Stars represent market-leading products requiring investment to sustain high growth and market share; Cash Cows have high share but low growth, requiring maintenance and cost management; Dogs have low share and growth, making little profit and draining resources; Question Marks have low share but high growth, proving tricky to manage as they seek to increase market share in a growing market.
The document summarizes the four quadrants of the Matrix framework: Stars represent market-leading products requiring investment to sustain high growth and market share; Cash Cows have high share but low growth, requiring maintenance and cost management; Dogs have low share and growth, making little profit and draining resources; Question Marks have low share but high growth, proving tricky to manage as they seek to increase market share in a growing market.
Star products all have rapid growth and dominant market share. This means that star products can be seen as market leading products. These products will need a lot of investment to retain their position, to support further growth as well as to maintain its lead over competing products. Cash Cows (high share, low growth) This is based on the idea of ‘milking’ the returns from previous investments which established good distribution and market share for the product. Products in this quadrant need maintenance and protection activity, together with good cost management, not growth effort, because there is little or no additional growth available. Dogs (low share, low growth) Products classified as dogs always have a weak market share in a low growth market. These products are very likely making a loss or a very low profit at best. These products can be a big drain on management time and resources Question mark (low share, high growth) Also sometime referred to as Question Marks, these products prove to be tricky ones for product managers. These products are in a high growth market but do not seem to have a high share of the market.