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Other areas, such as using the funds to improve their products. 4- Increase sales By attracting more customers and keeping up with feedback from existing customers, businesses may make more sales. This may help them improve or expand their product to increase benefits during the next sales cycle. 5- Increase customer retention Catering to customer desires is a great way for a company to demonstrate that it values its customers' opinions. This may encourage customer loyalty, which may help the company achieve more sales and growth. Explaining the five product levels The model considers products as a means of meeting the different needs of customers, and emphasizes that there are three ways in which customers comment on a product: 1- The customer’s need, which is the absence of a basic condition. 2- What the customer wants, which is a specific requirement for a product or service to meet a need.
Customer demand, which is a set of desires in addition to the desire and ability to satisfy them. Customers will chIt includes the following: materials and parts, capital items, supplies and services. What are the product categories? There are two categories phone number database of products: consumer products and industrial products. Products that directly satisfy the wants and needs of the consumer are known as consumer products. For example, soap, clothes, bread, jam, butter, etc. Consumers use consumer products to meet their personal needs. Consumer products can be classified into two categories: on the basis of durability and on the basis of shopping efforts. There are three types of consumer products based on durability; They are non-durable products, durable products and services. As for consumer products, based on shopping efforts.
There are three types of products: They are convenience products, shopping products and specialty products. While the products that organizations use as inputs to produce other products are known as industrial products. For example, lubricants, tools, equipment, machinery, etc. abilities. Choose the appropriate market and specialize in work. Identifying competitors and entering into partnerships or agreements with them is a better option than competition. The most common questions about competitor analysis: Is competitor analysis the same as SWOT analysis? SWOT analysis goes beyond competitor analysis. It is an analysis that identifies the strengths and weaknesses of competitors and seeks a pure understanding of their potential and potential threats expected to occur, while giving the ability to predict opportunities to exploit them as required.
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