What are the various elements of a product.

[CALVINDOL]

A product is a tangible or intangible item that satisfies a customer's needs or wants. There are several key elements of a product that are important for marketers to consider:

PRODUCT FEATURES: These are the physical and functional characteristics of a product, such as size, weight, color, and capabilities.

PRODUCT DESIGN: This refers to the overall look and feel of a product, including its packaging, branding, and user interface.

PRODUCT QUALITY: This refers to the level of excellence of a product in terms of durability, reliability, and performance.

PRODUCT FEATURES: This includes the additional services or benefits that the product provides, such as warranty, instructions, customer service, and maintenance.

PRODUCT BRANDING: This refers to the name, term, design, symbol, or other feature that identifies the product and differentiates it from its competitors.

PRODUCT POSITIONING: This refers to how a product is positioned in the market in relation to its competitors, based on its features, benefits, and target market.

PRODUCT LINE: This refers to a group of related products that a company offers, such as different models or variations of a product.

PRODUCT MIX: This refers to all the products and product lines that a company offers, and the relationship between them.

All these elements contribute to the overall value of a product to the customer and play a crucial role in the product development, marketing and positioning. Understanding the key elements of a product can help a company to develop and market a product that is well-suited to the needs and preferences of its target market.

 

[TOZZIBLINKZ]

Personally what I perceive to be the element of a good product is it effectiveness and its quality. A good an admirable business products as well as services must be effective for the co-op in which it is made of and must be of higher quality in order to draw the attention as well as the notice of members of the public to come in to the business organisation where such products or services is been rendered to make a purchase. Majority of business owners in all regions and countries of the world are suffering to market and to sell their business goods and services to members of the public however one of the effective ways to do that is by making sure that your business products are of higher quality and of higher effectiveness.

One of the ways to do that is by introducing the use of technology in the manufacturing of your goods and services and if you are a vendor of goods and services you might have to pay much attention to your supplier.

 

[Axis]

The elements of a particular product can totally depends on the type as well as the usage of a particular product for example if the products is a drug that can be bought on a chemist shop or a pharmacist shop then the elements of such product to be considered a good and effective is it ability to heal the individual who takes in the drug but if the product we are talking about is a consumer goods such as bread and biscuits, then the possible elements for such a product to be considered good depends on its sweetness and its ability to satisfy the hunger of such individual who eats it.

On the other hand if the product that we are talking about here is a machine equipment or a gadget the basic elements for such gadgets or mission to be considered good and effective totally depends on how long lasting it is to perform the purpose in which it is been manufactured for.