Question

Conclusion of levels of product

Answer 1

Answer:

The five product levels are:

Core benefit: The fundamental need or want that consumers satisfy by consuming the product or service. ...

1 Generic product: ...

2 Expected product: ...

3 Augmented product: ...

4 Potential product:

Answer 2

Explanation:

There are 3 main levels of products. These include the core customer value, the actual product and the augmented product

The benefits of product differentiation helps in additional revenues and is the basis for conducting experiments for determining what products  to use, what mixes can be made and future potential of each level of product. Also the various levels of product lead to better competition and innovation