new chapter 4- product concept

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Chapter 4: Product Concept

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product concept

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  • Product ConceptChapter 4:

  • Classified by how consumers buy them Convenience products Shopping products Specialty products Unsought productsProduct and Service ClassificationsWhat is a Product?

  • Specialty products With unique characteristics or brand identification for which a significant group of buyers is willing to make a special purchase effortMedical servicesDesigner clothesHigh-end electronicsWhat is a Product?

  • Unsought products Consumers do not know about or know about but does not normally think of buyingLife insuranceFuneral servicesBlood donationsWhat is a Product?

  • 3.0 Brand Sponsor:

  • Esky - Cooler or Chilly binSpeedo Mens swimming suitJeep - On-road vehiclesCellotape or Cellophane tapeBiro - Ballpoint PenDoona - Duvet (Australian??)SuperglueVelcro Generic Terms