Explain about the product levels in briefly, Marketing Management

Assignment Help:

Explain about the product levels in briefly.

Product levels in marketing are specified in below:

a. First and more basic level is core benefit implies basic services customer is buying. While buyer of AC is buying for cooling hotel room for buyer services and rest.

b. Second level, market has to turn core benefit in fundamental product. Hotel customer finds in hotel bed, its room, bathroom, table, AC and towel.

c. At third level marketer arranges an expected product through anticipating set of conditions and also attributes buyer usually expect while buying such product. Hotel guest suppose air room, fresh towel, clean bed, light and peace.

d. At fourth level members arrange augmented product which increases customer’s expectation. For instant of Hotel can comprise projection T.V. set, effectual additional entertainment and fresh flowers.

e. Fifth level stand potential product that encompasses all the probable augmentations and transformations the product may undergo within future.


Related Discussions:- Explain about the product levels in briefly

Evaluation and control in the marketing communication plan, Question 1: ...

Question 1: (a) Illustrate how personal selling and direct marketing can be used to enhance the relationship with customers. (b) Critically evaluate the use of controversi

Needs of marketing and customers, What are the needs of marketing and custo...

What are the needs of marketing and customers? Marketing surrounded through customer needs: Marketing starts along with the customer requirements and needs. Such are turned with

Describe the purpose of a knowledge base, Question: e-HRM is a way of i...

Question: e-HRM is a way of implementing HR strategies, policies and practices with the full use of web-technology channels. (a) Describe the different ways in which e-HR a

What is total customer satisfaction, Question 1: (a) What is total cus...

Question 1: (a) What is total customer satisfaction. (b) How will customer safisfaction be measured. (c) Describe the importance of customer value creation and discuss ways

Marketing concept, explain the role of the process of marketing in business...

explain the role of the process of marketing in business

Definition, what do you understand by marketing management? explain its imp...

what do you understand by marketing management? explain its importance in modern business world

Cost based pricing, Cost Based Pricing : Under the cost based pricing, diff...

Cost Based Pricing : Under the cost based pricing, different methods used are :-   Mark Up Pricing   Absorption Cost Pricing   Target Rate of Return Pricing   Margin

What is form utility in marketing, What is Form Utility in marketing? ...

What is Form Utility in marketing? Form Utility: This utility is created while raw material is converted within a finished product. For instant, Britannia industry convert

What is analytical or analytic mean, If somebody is analytical then it mean...

If somebody is analytical then it means the one is always thinking about things - analyzing, pondering, etc. A one who is analytical will have all of the facts about something befo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd