Product-Levels for Revlon Street Wear Mineral Lip Gloss
Core Benefit: On buying a lip gloss, the customer is actually buying Lip Care as well as Beauty. These can also be seen as the
customer perceived values he/she enjoys after the consumption/use of the product( here, Lip Gloss).
Basic Product: To avail the Core Benefits mentioned above, a tangible product is
required. The company thus introduces a basic product keeping in mind the
requirements of the target customers.
Thus,
targeting the young(working)
women, street
wear mineral lip gloss was
launced by Revlon…. the
brand name they could trust.
Expected Product: After the Basic
Product is launched in the market and is able to create a space for
itself, the customers buying the product link their expectations to the values
offered by the product.
As Revlon mainly targeted the urban(working) women, they were more
aware of the offered values and the expected values. The lip gloss was organic & lasted longer. Thus, meeting the customers’ expectations.
Augmented Product: As the consumer gets used to the product,he/she starts expecting more from the product(modifications,improvements) and
the values they enjoy.
Revlon Street Wear
Mineral Lip Gloss, so far has come up with various variants
like street
wear mineral lip gloss: mulberry dip, street wear mineral lip gloss: sugar babe,
street wear
mineral lip gloss: coral glow etc.
Potential
Product: Innovation
is the basic element to developing any potential product. Competition drives any company to develop or create a completely
differentiated product. Either the same company or its competitor can launch
the potential product for the basic product. Examples: Revlon Colorstay Mineral
Lip Glaze, e.l.f (eyes, lips, face)mineral
lip glosses.
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