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Examveda

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?”

A. Actual product

B. Augmented product

C. Core benefit

D. Co-branding

Answer: Option C

Solution(By Examveda Team)

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.

This Question Belongs to Management >> Marketing

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