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Understanding Product
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Understanding Product
1.
Product understanding
2.
ProductA good, method,
information, object or service created to serve a need or satisfy a want.
3.
Example Needs/Wants
4.
Example Needs/Wants Phone Service
5.
Example Needs/Wants Phone Service Music
6.
Example Needs/Wants Phone Service Music Entertainment
7.
Example Needs/Wants Phone Service Music Entertainment Product=
8.
Example Needs/Wants Phone Service Music Entertainment Product=
9.
FeatureA physical characteristic
or quality of a product, a description of something a person can touch, feel, smell, see, or measure.
10.
Example
11.
BenefitThe satisfaction that
a customer wants from a good or service.
12.
BenefitA benefit that
is easily recognizable. Obvious
13.
Example No stylus means
there is no extra parts that could be lost and needed to replace.
14.
BenefitBenefit that come
only with the purchase of a particular product. Unique
15.
Example Finger print identity scanner
for added security.
16.
BenefitBenefit that is
not usually seen without the assistance of a salesperson. Hidden
17.
Example iPhone 5 has
13 LTE Bands for faster download and upload speeds.
18.
Selling Part of a
sales presentation where the salesperson points out that a good or service has features that will benefit the customer. Feature/Benefit
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