A product is anything that can be offered to a customer that might satisfy a want or need (Kotler et...
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Transcript of A product is anything that can be offered to a customer that might satisfy a want or need (Kotler et...
PRODUCTS and SERVICES, FEATURES
AND BENEFITS
A product is anything that can be offered to a customer that might satisfy a want or need (Kotler et al., 2006).
PRODUCT
A service is a non-material or intangible product - such as professional consultancy, waitressing, or an entertainment experience.
SERVICE
A feature is a characteristic of a product that offers a benefit to the customer. In most cases, the most important features are those associated with the consumable product since they are the main reason a customer makes a purchase.
FEATURE
Froth is
a feature of a
cappuccino.
A benefit is what the customer perceives they receive when they use the product. Though these may be difficult to measure and may vary by user. Benefits such as effectiveness, durability, speed, ease-of-use, and cost savings to name just few.
BENEFIT
Benefit of eating in
a restaurant – nice
environment/good
food/clean area.
BIRTHDAY PACKAGE:
Feature: Benefit:
One night’s luxury accommodation A luxury room instead of a standard room
Complimentary bottle of champagne
For people that enjoy a fine wine
Optional Aromatic massage For those who want to de-stress and relax
Three course dinner Food provided in a luxury restaurant
Free admission to nightclub or movie
EXAMPLE FEATURE AND BENEFIT
Features/Facilities of the Novawarra:
Features/Facilities of Ibis Hotel
Air conditioningNon smoking rooms available24 hour room serviceBeach frontageairport transfers13 Conference roomsSwimming pool, spa and saunaGymnasiumBuffet/A la carte restaurantBars*Disabled facilities availableBusiness centre and internet kioskDolfi Kids ClubSpa baths availableUndercover parkingBoutiqueDay spa/beautician
Air conditioningSmoke free / non-smoking floors24 hr Front deskTour deskCurrency exchangeOnsite parkingSafeBusiness facilitiesDry cleaning / laundryInternetSmoke free / non-smoking floorsCots / extra bedsChild mindingRestaurantDisabled facilitiesIroningKids Club
Romantic Weekend at Novawarra:
Escape – Romance package at Marriott Hotel:
One night’s luxury accommodation with turn down serviceComplimentary chocolates and champagneRomantic dinner for two in your roomComplimentary breakfast for twoLate checkout time of 2.00 pmALL FOR $125.00
Breakfast for twoChampagne, chocolate-covered strawberriesExtras – free parking / late checkoutPRICE NOT GIVEN ON WEBSITE
Features of one of our products against a similar product of a
competitor:
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