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Product strategy F. 1 (goods, service and brands (Good and service…
Product strategy F. 1
goods, service and brands
Product is anything what can be offered in a market for attention buying, acquisition, use or consumption that might satisfy the needs and wants
Levels of product
Core product is a company product or service that is most directly related to its core competencies. The core product enable the use, benefit or problem-solving service for which the consumer is purchasing the product.
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Augmented product the product that is surround by the actual product that will benefit the value to the customer purchases (additional product, gift )
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Product mix decision the product mix consist of the total of all product line which a company is offering for a sale
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Branding
Brand equity is the differential and positive effect that a consumer will have when knowing and trusting branding name
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