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- DictionaryProd·uct/ˈprädək(t)/
noun
- 1. an article or substance that is manufactured or refined for sale: "food products"
- 2. a thing or person that is the result of an action or process: "his daughter, the product of his first marriage"
People also ask
What are some examples of products?
What is the PRODUCT function?
What is the purpose of a product?
How is a product made?
PRODUCT definition: 1. something that is made or grown to be sold: 2. someone or something that is the result of a…. Learn more.
- What Is A Product
- Three Levels of A Product
- Characteristics of A Product
- Types of Products
A Pair of Nike shoes, a mobile phone device, a Volvo truck, a Samsung LED, your bank account, and a doctor’s advice are all the products. The above definition of a product by Philip Kolter not only consists of tangible product attributes, for example, a car, an office, a book, or a mobile device but according to a broader view of a product, its con...
The marketer must understand these three levels of classification. Each product level means adding more value. Core Product.This is not a physical object but consists of problem-solving benefits that satisfy the consumer’s needs. Products are based on the consumer perspective. Lululemon deals in yoga clothes, Revlon combines chemicals to produce li...
Utility:A product must serve a purpose or fulfill a need of the customer.Features:A product may have unique features that differentiate it from other similar products.Quality:A product must meet or exceed the expectations of the customer in terms of quality.Brand:A product may have a brand name that helps customers recognize and identify it.When someone goes to a market, he/she can find a variety of products, whereas some are for the end users while others are for resellers. In the following lines, we will be discussing different types of products.
A product is any item or service you sell to serve a customer’s need or want. They can be physical or virtual. Physical products include durable goods (like cars, furniture, and computers) and nondurable goods (like food and beverages). Virtual products are offerings of services or experiences (such as education, software, and streaming ...
Key Takeaways. A product is something that can be marketed to customers because it provides them with a benefit and satisfies a need. Products can be goods or services or a combination of both. A “new-to-the-company product” is a good or a service that is new to the company but has been sold by a competitor in the past—for example, Peeps ...
- Define the core purpose. Let us work out the purpose of our product by asking a set of simple but revealing questions. What is the Core Purpose of the Product?
- Define the user base. Next, let us work out who our users are by asking a set of simple but revealing questions: Who are the primary users of the product?
- Define the user needs. Let us work out what needs the product is trying to fulfil for the user, by asking a set of simple but revealing questions. What are the key user wants?
- Define the product functions. Did you notice that we are talking about product functions after we have talked about the product purpose, its users and user needs?
3 days ago · product in American English. (ˈprɑdəkt, -ʌkt) noun. 1. a thing produced by labor. products of farm and factory. the product of his thought. 2. a person or thing produced by or resulting from a process, as a natural, social, or historical one; result.
Product definition: a thing produced by labor. See examples of PRODUCT used in a sentence.
