How do we contrast a brand and a product? A product is anything we can offer to a market for attention, acquisition, use, or consumption that might satisfy a need or want. Thus, a product may be a physical good like a cereal, tennis racquet, or automobile; or a service such as an airline, bank, or insurance company. A product could also be a retail outlet like a department store, specialty store, or supermarket; a person such as a political figure, social media celebrity, entertainer, or professional athlete; an organization like a nonprofit, trade organization, or arts group; or a place including a city, state, or country; or even an idea like a political or social cause. Learn more at Ransford online school LEVELS OF PRODUCT We can define five levels of meaning for a product: 1. The core benefit level is the fundamental need or want that consumers satisfy by consuming the product or service. 2. The generic product level is a basic version of the product...
John writes and publishes on a wide range of topics, including trends, worldviews, perspectives, desires, needs, wants, aspirations, choices, preferences, lifestyles, and behaviors. He also explores innovation, values, politics, religions, philosophy, and social constructions, with a particular focus on the anthropology of everyday life, culture, and social change— examining alterations in the pattern of society. In addition to writing, John directs online programs at: www.ransford.yolasite.com