Question

what are the advantage and disadvantage of variety of products

Answer 1

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Advantages :

• Product benefits are the things a product offers to satisfy the needs, desires and wants of a consumer.
• They are what a consumer hopes to get, feel or achieve when he/she uses a product.
• Product benefits can either be actual or perceived.
• Perceived benefits include the products popularity, its image or its reputation.

Disadvantages :

• Revenue increases are not guaranteed. Will consumers find value in the unique features your product provides.
• The offering's perceived value can decline.
• It can strain resources.

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