ENTREPRENEURSHIP

Detailed explanation-1: -Definition: Product features are a product’s traits or attributes that deliver value to end-users and differentiate a product in the market. The battery life of an electronic device can be considered a feature.

Detailed explanation-2: -Features of a product include design, quality, functionality, and experience.

Detailed explanation-3: -Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted.

Detailed explanation-4: -Features are characteristics that your product or service does or has. For example, some ovens include features such as self-cleaning, smooth stovetops, warming bins, or convection capabilities. Benefits are the reasons customers buy the product or service.

Detailed explanation-5: -That means branding, labeling, color, services, etc., constitute the product. The product includes total offers, including main qualities, features, and services. It includes tangible and non-tangible features or benefits. It is a vehicle or medium to offer benefits and satisfaction to consumers.