Product Category Analysis is a business process used to evaluate the performance of a product category and its components. It involves examining the sales and profitability of a product category, as well as its competitive landscape. This analysis helps companies understand how their product category is performing relative to competitors, identify areas of opportunity, and develop strategies to increase sales and profitability. Product Category Analysis also provides insights into customer preferences and trends, allowing companies to better understand their target markets and develop more effective marketing and product strategies. By leveraging data and insights from Product Category Analysis, companies can develop more effective product and marketing strategies to increase sales and profitability.
