Phillip Kevin Lane: Kotler - Keller
Phillip Kevin Lane: Kotler - Keller
Phillip Kevin Lane: Kotler - Keller
Kotler • Keller
Marketing Management • 14e
1 2
er
pt
Cha Setting Product Strategy
Discussion Questions
1. What are the characteristics of a
product, and how do marketers classify
products?
2. How can companies differentiate
products?
3. Why is product design important and
what factors affect a good design?
4. How can a company build and manage
its product mix and product lines?
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 3 of 27
Discussion Questions
5. How can companies combine products
to create strong co-brands or ingredient
brands?
6. How can companies use packaging,
labeling, warranties, and guarantees as
marketing tools?
Needs
Wants
Goods
Places
Services
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 7 of 27
.2
1 2
e
i g u r Five Product Levels
F
Basic Product
(Bed, bathroom, towels)
Augmented Product
(Free Internet; free breakfast)
Potential Product
(Future augmentations)
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 9 of 27
Product Classifications
Durability and Tangibility
Nondurable goods
Durable goods
Services
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 10 of 27
Product Classifications
• Staples
Consumer-Goods
• Impulse goods
• Emergency goods
Specialty goods
Convenience goods
Form Features
Customization Durability
Performance Conformance
Reliability Repairability
Style
Customer
Consulting
Delivery &
Ordering Ease
Returns
Training
Functional
Benefits
Aesthetic
Benefits
Product Hierarchy
Product Systems/Mixes
Co-Branding
Need Family
Product Family
Product Class
Product Line
Product Type
Item
Disposable Paper
Detergents Toothpaste Bar Soap
Diapers Products
Ivory Snow Gleem Ivory Pampers Charmin
Dreft Crest Camay Luvs Puffs
Tide Zest Bounty
Product Cheer Safeguard
Line
Length Dash Oil of Olay
Bold
Gain
Era
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 20 of 27
Product Line Analysis
Sales and Profit
Market Profile
Down-market
stretch
Line filling
Ingredient Branding
Labeling Objectives
1. Identify
2. Grade
3. Describe
4. Promote
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Slide 27 of 27