Product Concept Flashcards

1
Q

Five Product Level Purpose

A

Assess and assign a product

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2
Q

Focuses on the function of the product

A

Core Benefit

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3
Q

Features of the product

A

Generic Product

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4
Q

What consumers expect when they purchase

A

Expected Product

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5
Q

Additional factors that will differentiate from competitors

A

Augmented Product

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6
Q

Transformation in the future

A

Potential Product

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7
Q

Evolution of product from time-to-time

A

Production Concept

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8
Q

Product Quality

A

Characteristics

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9
Q

Features

A

Appearance

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10
Q

Style

A

Aesthetic and branding

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11
Q

Design

A

Very heart of the product

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12
Q

2 types of Products

A

Business and Consumer

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13
Q

Manufactures other goods or services

A

Business Products

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14
Q

Bought for personal consumption

A

Consumer Products

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15
Q

Purchased quickly with little effort

A

Convenience Products

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16
Q

You need to buy in order to live

A

Staples

17
Q

Bought but unplanned

A

Impluse

18
Q

Purchased immediately

A

Emergency

19
Q

Needed but not bought regularly

A

Shopping products

20
Q

Same products, lower price

A

Homogeneous

21
Q

Same price, different quality

A

Heterogeneous

22
Q

Consumer really wants, no substitutes

A

Specialty Products

23
Q

Not all people see this product as a need

A

Unsought Product

24
Q

Product that represents new ideas

A

New Unsought

25
Q

Products that are not seen when not needed

A

Regularly Unsought