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Core product

October 10,2015 in Glossary | 0 Comments

The core product is the set of core benefits which can make the customer decide whether to buy the desired product or not. Customers are rarely prepared to pay a premium for these elements of a product.

The core product varies from one buyer to another. For example, for one user the core benefit of buying a washing machine may be the fact that he likes the design, to another the price, etc.

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