Product refers to a good or service that a company offers to customers . Ideally, a product should fulfill an existing consumer demand. Or a product may be so compelling that consumers believe they need to have it and it creates a new demand.
Read moreWhat are the 2 C’s of marketing?
Two C’S of Marketing – Customers and Competitors .
Read moreWhat are the 4 C’s and 4Ps?
The 4Cs to replace the 4Ps of the marketing mix: Consumer wants and needs; Cost to satisfy; Convenience to buy and Communication (Lauterborn, 1990). The 4Cs for marketing communications: Clarity; Credibility; Consistency and Competitiveness (Jobber and Fahy, 2009).
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