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PRODUCT
      Presented by:
  Priyanker Kashyap
        Safder M A
    Priyanka Verma
WHAT IS A PRODUCT
 A product is anything that can offered to market for
  attention, acquisition ,use, consumption that might satisfy a
  want or need.
Product



Tangible             Intangible
Product               Product



Goods                Services
FEATURES OF PRODUCT

             Tangibility


Associated                    Intangible
Attributes                    Attributes
              Features
             of Product


     Exchange          Customer
       value           Satisfaction
LEVEL OF PRODUCT

 Potential          Unexpected Feature
 Product
Augmented             Luxury Feature
 Product
Expected
 Product             Expected Feature

 Generic
 Product               Basic Feature



  Core                Basic Product
 Benefit
CLASSIFYING PRODUCT

Non-Durable Products
   Soft Drinks, Soaps, etc.
                                       Tangible
Durable Goods
   Furniture, Electronics, etc.

Services
                                       Intangible
   Appliance Repairs, Legal Advices
CLASSIFYING PRODUCT

Tangible Products further Classified as:
   Consumer Products
   Industrial Products
CONSUMER PRODUCTS

Convenience Products
  o Soft drinks, Magazines, Laundry detergent, etc.

Shopping Products
  o Major appliances, Television, Furniture, Clothing, etc.

Specialty Products
  o Luxury Goods, such as Rolex watches or fine crystal

Unsought Products
  o Life Insurance, Reference books, etc.
INDUSTRIAL PRODUCTS

Materials and Parts
   Raw materials and parts
   Manufactured materials and parts

Capital Items
   Installation
   Equipment

Suppliers and Business services
   Maintenance and repair items
   Operating suppliers
PRODUCT MIX
& PRODUCT LINE
PRODUCT MIX

The assortment of products that a
 company offers to a market
  Width
  Length
  Depth
  Consistency
PRODUCT MIX

Width – how many different product lines?
Length – the number of items in the product
 mix
Depth – The no. of variants offered in a
 product line
Consistency – how closely the product lines
 are related in usage
PRODUCT LINE

 One Product But Used in Different Areas.




               Lamps:
         •   Table
         •   Ceiling
         •   Track
         •   Desk
PRODUCT MIX
Product Line 1      Product Line 2   Product Line 3


   Table                              Mobile Phone
                     Bag
   • Kitchen                          • 2G
                     • Hand
   • Dining Room                      • 3G
                     • Travel
   • Coffee                           • Dual Sim
                     • Laptop
   • Outdoor                          • Touch Screen
                     • Sports
   • Conference                       • Android
                     • Sling
   • Computer                         • Windows
CONCEPTUALIZATION OF PRODUCT MIX

                                  WIDTH


                 Tata    Tata             Tata   Tata
                Motors   Steel            Tea    DTH
# of Lines= 4                                           D
                                      Gemini
                 Bus     Bars                           E
                                       Tea
                                                        P
                                                        T
                Truck    Plates
                                                        H


                 Car
PRODUCT MIX EXAMPLE
                    Width (# of Lines)=5


         Oral        Skin
                                   Laundry         Foods      Tea
         Care        Care
                     Fair &
                                     Surf Excel     Kissan    Brooke
        Pepsodent    Lovely
                                                               Bond
Depth




                     Pond’s             Rin         Knorr


        Close-up                                              Lipton
                     Vaseline         Wheel       Annapurna



                                 Length (# of items)=13
THANK YOU

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A product

  • 1. PRODUCT Presented by: Priyanker Kashyap Safder M A Priyanka Verma
  • 2. WHAT IS A PRODUCT  A product is anything that can offered to market for attention, acquisition ,use, consumption that might satisfy a want or need.
  • 3. Product Tangible Intangible Product Product Goods Services
  • 4. FEATURES OF PRODUCT Tangibility Associated Intangible Attributes Attributes Features of Product Exchange Customer value Satisfaction
  • 5. LEVEL OF PRODUCT Potential Unexpected Feature Product Augmented Luxury Feature Product Expected Product Expected Feature Generic Product Basic Feature Core Basic Product Benefit
  • 6. CLASSIFYING PRODUCT Non-Durable Products  Soft Drinks, Soaps, etc. Tangible Durable Goods  Furniture, Electronics, etc. Services Intangible  Appliance Repairs, Legal Advices
  • 7. CLASSIFYING PRODUCT Tangible Products further Classified as:  Consumer Products  Industrial Products
  • 8. CONSUMER PRODUCTS Convenience Products o Soft drinks, Magazines, Laundry detergent, etc. Shopping Products o Major appliances, Television, Furniture, Clothing, etc. Specialty Products o Luxury Goods, such as Rolex watches or fine crystal Unsought Products o Life Insurance, Reference books, etc.
  • 9. INDUSTRIAL PRODUCTS Materials and Parts  Raw materials and parts  Manufactured materials and parts Capital Items  Installation  Equipment Suppliers and Business services  Maintenance and repair items  Operating suppliers
  • 11. PRODUCT MIX The assortment of products that a company offers to a market Width Length Depth Consistency
  • 12. PRODUCT MIX Width – how many different product lines? Length – the number of items in the product mix Depth – The no. of variants offered in a product line Consistency – how closely the product lines are related in usage
  • 13. PRODUCT LINE  One Product But Used in Different Areas. Lamps: • Table • Ceiling • Track • Desk
  • 14. PRODUCT MIX Product Line 1 Product Line 2 Product Line 3 Table Mobile Phone Bag • Kitchen • 2G • Hand • Dining Room • 3G • Travel • Coffee • Dual Sim • Laptop • Outdoor • Touch Screen • Sports • Conference • Android • Sling • Computer • Windows
  • 15. CONCEPTUALIZATION OF PRODUCT MIX WIDTH Tata Tata Tata Tata Motors Steel Tea DTH # of Lines= 4 D Gemini Bus Bars E Tea P T Truck Plates H Car
  • 16. PRODUCT MIX EXAMPLE Width (# of Lines)=5 Oral Skin Laundry Foods Tea Care Care Fair & Surf Excel Kissan Brooke Pepsodent Lovely Bond Depth Pond’s Rin Knorr Close-up Lipton Vaseline Wheel Annapurna  Length (# of items)=13