Product, Services, and Branding Strategy

Product?

anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need.


also include services, events, persons, places, organizations, ideas, or mixes of these.

Services

form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.

Levels of Products

Core customer value

Actual product

Augmented product

Types of Products

Consumer products

Industrial products

products and services bought by final consumers for personal consumption

purchased for further processing or for use in conducting a business

Convenience products

consumer products and services that customers usually buy frequently, immediately, and with a minimum of comparison and buying effort

Shopping products

less frequently purchased consumer products and services that customers compare carefully on suitability, quality, price, and style

Specialty products

consumer products and services with unique characteristics or brand identification for which a significant group of buyers is willing to make a special purchase effort.

Unsought products

The product experience

buying more than physical product

also buying the experience of using it

Industrial product

Raw Material/parts

include raw materials and manufactured
materials and parts

Capital items

products that aid buyer's production or operations,
including installations and accessory equipment

Brand strategy

Positioning

Sponsorship

Name Selection

Development

Attributes

Benefits and Values

Belief

Selection

Protection

Manufacturer brand

Private Brand

Licensing

Co Branding

Line Extensions

Brand Extensions

Multibranding

New Brands

Service Marketing

Service Marketing Strategies

Service Characteristics

Intangibility

Inseparability

Variability

The service profit chain

Managing service quality

Managing service differentiations

Managing service productivity

Products and service
decisions

Product mix

Depth

Consistency

Width

Individual products(products attributes)

Branding

Packaging

Labelling

Products service support

Product line

Stretching

Filling