The Product Hierarchy Homework Help

Understand the Product Hierarchy Assignment Help in a Simplified Manner

A business can become profitable only if it achieves its various goals and objectives. These goals and objectives revolve around the products that the company manufactures and markets. The customers are the ultimate consumers of the products so they are the priority of the company. The demand of customers for a particular product is determined by the following factors:

  • Need for the product

The product hierarchy homework help finds its basis from the need for a product. The need for a particular product is an important factor as the consumers buy products based on their needs.

  • Wants of a customer

The wants of a customer is not the basic requirement of a customer. It is the desire of the customer to possess a particular product or service.

  • Demand for a product

The demand for a product is determined by the wants of the customer. And is coupled with the presence of disposable income with the customer.

Philip kotler designed the product hierarchy assignment help to identify how prospective customers perceive product and their value. The five levels of the product hierarchy are as follows:

 

  1. Core benefit of the product

The core benefit of the product is the reason why customers choose it over other products. They are bought to satisfy the basic needs and requirements of the consumer. They are primarily known for a particular feature or characteristic which attracts consumers. This is level is also known as need family as it highlights the need of the customer.

  1. Generic product

In this level all the characteristics of the product are generalized. This categorizes the product into a particular group of products. For example, paracetamol belongs in the category of medicines. It is known for its features of reducing body temperature, aching of body and flu like symptoms. As per the example chosen paracetamol is the generic name for this product and is more commonly referred by its various brand names.

  1. Expected product

This level in the product hierarchy homework help is concerned with the relationship of the product with the expectations of the consumer. The consumer buys a product with certain expectations in his/her mind. These expectations need to be fulfilled to ensure that the customer does not replace the product with a similar one of a rival company.

  1. Augmented product

This level of the product hierarchy assignment help focuses on the added benefits and uses of a particular product. The product can thus be used for more than one purpose. These added features also sets it apart from the similar products in the market.

  1. Potential future of the product

A company in order to be in tandem with the changes in the market needs to frequently update its production process. This can result in changes in the product. Thus, the customer is impacted by such changes which in turn impacts the demand of the product.

Reasons to use myhomeworkhelp.com for your assignments:

 Here at myhomeworkhelp.com we help students in various ways like:

  • Provide eloquently written answers and solutions on all topics.
  • Provide solutions and answers at student friendly prices.
  • Ensure your privacy is not breached when it comes to payment of the fee.
  • We have a large data base of original content written by experts.

Trustpilot

We’re rated Excellent

4.7 out of 5 based on 39 reviews

Order Homework Help
Click or drag files to this area to upload. You can upload up to 5 files.
We do not share numbers with 3rd party.

Join over 200,000+ happy students served our tutors

Take a look at independent reviews to see what users have to say about our homework help service.

4.5/5

overall rating
on LiveChat

96%

of users
recommend service

How It Works

1. Get Price Estimate.
1. Get Price Estimate.

Submit.

Send us your homework. Mention deadline & upload relevant files.

2. Pay Securely.
2. Pay Securely.

Pay.

We accept all major credit cards. Partial payments also accepted.

3. Get Solutions.
3. Get Solutions.

Delivered

Receive error-free, step-by-step solutions in your email.

FAQs

Why use Myhomeworkhelp?

We provide you with the homework help from top experienced experts. Your satisfaction is a priority to us. Get better grades or money-back. It’s that risk-free! Furthermore, everything about you is kept confidential.

How quickly can you help me with my homework?

We take pride in our 24×7 homework help services. Which means, student can approach us anytime, to get help even on short notices. As short as few hours! And yes, we provide complementary plagiarism-free report.

How much will it cost?

We do not have a monthly fees or minimum payments. Each homework task is quoted a unique price. It is based on tutor’s estimate of the time it will take them to complete your task. There are no obligations, and you are free to discuss the price quote with the tutor.
We do accept partial payment (subject to our policy) to start working on your assignment help. You can pay the remaining amount when your task gets completed. No pressure of up-front payment. No hidden costs.

Who are your tutors?

All our experts are highly qualified professionals – holding at least Master’s degree of their respective fields of expertise. We are very selective and choose only the best qualified tutors for each academic subject. All tutor applicants must provide academic transcripts for each degree they hold, and are tested and screened carefully by our staff.

I have privacy concerns. Can I trust you?

Myhomeworkhelp has completed over 250,000 homework help tasks over the last 12 years. But do not take our word for it! See our here and on Trustpilot. Furthermore, everything about you is kept confidential. Your credit card information is not stored anywhere, and use of PayPal relies on their secure payment networks. Your identity, payment and homework help are in safe hands.

Check our video

Our Reviews
Ratings