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Feature Advantage Benefit Tool
Purpose

The purpose of this tool is to help you analyze your product/service offering to create a matrix
of features, advantages, and benefits that can be used to facilitate selling.


Scope

The scope of this tool will be limited to products/services. You can also analyze the features,
advantages, and benefits of working with your organization in general.


   •   FEATURE – these are components of your product/service that have been developed
       to deliver value to the customer. An example would be ‘practical tools’ like this one.


   •   ADVANTAGE – these are implicit benefits resulting from the features, but are not
       necessarily beneficial to all prospects. An example would be ‘saving time’ by using
       a ‘practical tool’ template. Note that this advantage is only a benefit when a prospect
       needs the particular tool shown.


   •   BENEFIT – a benefit is an advantage of a product/service that fulfills the explicit need
       of a prospect. For example, a restaurant offering a featured lunch that arrives in 10
       minutes or less would be advantageous to some, but a real benefit for those who need
       to be back to work in 30 minutes.
Use this tool to organize your product/service’s features, advantages, & benefits.



          Features                     Advantages                        Benefits

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Feature Advantage Benefit Tool

  • 1. Feature Advantage Benefit Tool Purpose The purpose of this tool is to help you analyze your product/service offering to create a matrix of features, advantages, and benefits that can be used to facilitate selling. Scope The scope of this tool will be limited to products/services. You can also analyze the features, advantages, and benefits of working with your organization in general. • FEATURE – these are components of your product/service that have been developed to deliver value to the customer. An example would be ‘practical tools’ like this one. • ADVANTAGE – these are implicit benefits resulting from the features, but are not necessarily beneficial to all prospects. An example would be ‘saving time’ by using a ‘practical tool’ template. Note that this advantage is only a benefit when a prospect needs the particular tool shown. • BENEFIT – a benefit is an advantage of a product/service that fulfills the explicit need of a prospect. For example, a restaurant offering a featured lunch that arrives in 10 minutes or less would be advantageous to some, but a real benefit for those who need to be back to work in 30 minutes.
  • 2. Use this tool to organize your product/service’s features, advantages, & benefits. Features Advantages Benefits