Question

What are the 3 elements of a product?

Answer 1

The three elements of a product are:

• Core Benefits: The center item itself is the advantage the client gets from utilizing the item.
• Real Product: The center advantages are presented through the parts that make up the genuine item the client buys.

• Augmented Product: Marketers frequently encompass their genuine products with services and goods that offer an extra benefit to the client’s buy.

Also see:

• Product Mix
• MCQs on Marketing Mix