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15 questions
Knowing and understanding the features of your product will give you the opportunity to become aware of their benefits.
True
False
Size, color, materials, and chemical content are the features are of product.
True
False
One of the necessary strategies as future in entrepreneur is create more than one product and develop a product line.
True
False
In product industries, you cannot manufacture your own product for the mass market.
False
True
Repair and maintenance shops, printing and machine shops, and beauty parlors are examples of product industries.
False
True
Buyers that make purchases without definite plans or decisions.
Impulsive Consumers
Need-Based Consumers or Seasonal Consumers
Loyal Consumers
Discount Consumers
Buyers give support or loyalty to a company once they receive or have a good experience with that company.
Impulsive Consumers
Need-Based Consumers or Seasonal Consumers
Loyal Consumers
Discount Consumers
Buyers that only make when there is reason, purpose and/or problem to solve.
Impulsive Consumers
Need-Based Consumers or Seasonal Consumers
Loyal Consumers
Discount Consumers
Buyers that always look or hunt for a discounts, sales, and promotions (promos) because this is when they make a purchase.
Impulsive Consumers
Need-Based Consumers or Seasonal Consumers
Loyal Consumers
Discount Consumers
Result of different materials made, grown processed, and innovated into something sold or used.
Products
Services
Products that are easily consumed, worn out, unfashionable, and have a life span of less than 3 years.
Durable or Hard Goods
Nondurable or Soft Goods
Paid non physical goods or functions provided by expert, professionals or skilled people.
Products
Services
Personal services from professionals or experts
Rental Goods
Owned Goods
Non-goods
Rented by the customer for a certain period of time.
Rental Goods
Owned Goods
Non-goods
Repair and maintenance services for the products.
Rental Goods
Owned Goods
Non-goods
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