Five Levels of Product
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Transcript of Five Levels of Product
© provenmodels
five product levels
core benefit of the product
generic product
expected product
augmented product
potential product
source: Kotler, marketing management
© provenmodels
five product levels described
product levels description
core benefitsthe fundamental need or want that consumers satisfy by consuming the product or service.
generic producta version of the product containing only those attributes or characteristics absolutely necessary for it to function.
expected productthe set of attributes or characteristics that buyers normally expect and agree to when they purchase a product.
augmented productinclusion of additional features, benefits, attributes or related services that serve to differentiate the product from its competitors.
potential productall the augmentations and transformations a product might undergo in the future.
© provenmodels
five product levels table
product levels consumer organisationgap
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core benefits• xxxxxx• xxxxxx
• xxxxxx• xxxxxx
generic product
expected product
augmented product
potential product