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9609 · 3.3.2

Product

**Product** (3.3.2) is the first P and often the longest exam answer section. Combine **Levitt's three levels**, **PLC**, and **branding** when analysing case products.

Need to know

What you need to know

  • Core Product: The fundamental benefit or need being met.
  • Actual Product: The physical or tangible product, including its features, quality, and branding.
  • Augmented Product: The 'add-ons' and services that enhance the product, like warranties and customer support.
  • Successful products deliver value across all three levels.

Explanation

Product

  1. Core Product: The fundamental benefit or need being met.
  2. Actual Product: The physical or tangible product, including its features, quality, and branding.
  3. Augmented Product: The 'add-ons' and services that enhance the product, like warranties and customer support.
  4. Successful products deliver value across all three levels.