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Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following…

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Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following is the most basic level that addresses the question, “What is the buyer really buying?”
  • AActual product
  • BAugmented product
  • CCore benefit
  • DCo-branding
Correct answer: C
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CCommunity
Core benefit

Core Benefit Proposition tells about what a consumer would perceive as the benefit in purchasing a new product compared to that in buying a competitor's product.