BCG Matrix
What is a BCG matrix?
- It is a graph that uses market growth and market share in order to categorize different items.
- There are four different categories
The Dog
- This is that has low market share but low relative growth
- This will bring short term cash but will not grow.
The Cow
- This has low market growth but high market share
- This is a product that many people use, but this product will not grow.
The Question Mark
- This has high market growth but low market share
- This is a product with a lot of potential
The Star
- This has high market growth and high market share
- This is a product that everybody has and a product that is sure to grow.
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