Strategic Role of Product Line Expansion in Business Growth: A Management Perspective from Consumer Goods Enterprises
Abstract
Product line expansion has become a prominent growth strategy among consumer goods enterprises operating in highly competitive and saturated markets. While expanding product offerings can create new revenue streams and strengthen market presence, it also introduces managerial complexity related to coordination, control, and resource allocation. As a result, product line expansion is not merely a marketing or product development decision but a strategic management challenge with significant organizational implications. This paper examines the strategic role of product line expansion in business growth from a management perspective, focusing on consumer goods enterprises. Drawing on business management and strategic decision-making literature, the study develops a conceptual framework that explains how managerial judgment, organizational capabilities, and process alignment influence the outcomes of product line expansion initiatives. The analysis emphasizes that growth through product line expansion depends on the firm’s ability to manage complexity, integrate functions, and balance strategic trade-offs between focus and variety. The paper argues that successful product line expansion requires deliberate managerial coordination rather than opportunistic product proliferation. Enterprises that align expansion decisions with organizational capacity and control mechanisms are more likely to achieve sustainable growth and protect brand equity. By positioning product line expansion as a management-driven growth mechanism, this study contributes to business management literature and provides actionable insights for executives in consumer goods industries.
Keywords
Business Management, Product Line Expansion, Consumer Goods Enterprises, Growth Strategy, Managerial Decision-Making
Citations
IRE Journals:
Resit Akcam "Strategic Role of Product Line Expansion in Business Growth: A Management Perspective from Consumer Goods Enterprises" Iconic Research And Engineering Journals Volume 9 Issue 7 2026 Page 2084-2092 https://doi.org/10.64388/IREV9I7-1713957
IEEE:
Resit Akcam
"Strategic Role of Product Line Expansion in Business Growth: A Management Perspective from Consumer Goods Enterprises" Iconic Research And Engineering Journals, 9(7) https://doi.org/10.64388/IREV9I7-1713957
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