MY BLOG IS ABOUT PRODUCTS LEVELS AND CUSTOMER VALUE :
A PRODUCT IS AN ENTITY INSTRUMENTAL FOR SATISFACTION OF CUSTOMER NEEDS AND WANTS. IN PLANNING ITS MARKET OFFERINGS THE MARKETING ENTERPRISE HAS TO TAKE THE PRODUCTS FROM THE BASE LEVEL TO HIGHER LEVELS BY INJECTING SEVERAL INPUTS IN AND AROUND THE BASE PRODUCTS FROM TIME TO TIME AS REQUIRED BY CIRCUMSTANCES DEMANDED BY MARKET. SUCH INPUTS ARE PRODUCTS FEATURES AND FUNCTION , PRESTIGIOUS BRAND NAME, APPEALING PACKAGING, AFFORDABLE PRICE SIGNIFICANT POSITIONING IMAGINATIVE AND CREATIVE PROMOTION CAMPAIGN AND FINALLY CORPORATE IMAGE AND PRESTIGES WHICH ARE USED TO ADD WEIGHT TO THE PRODUCT FOR VALUE CREATION AND ENHANCEMENT .
SIGNIFICANCE OF CUSTOMER VALUE MAY PROCEED WITH SIX LEVEL APPROACH
GENERIC PRODUCTS
BRADED PRODUCTS
DIFFERENT PRODUCTS
CUSTOMISED PRODUCTS
AUGMENTED PRODUCTS
PROTENTIAL PRODUCTS