Which of the following is a difference between an attribute and a benefit of a product?

a. An attribute is what consumers achieve by using a product, while a benefit is a characteristic of a product.
b. An attribute is a temporary part of a product, while a benefit is always associated with a product.
c. An attribute is bought by consumers, while a benefit is not bought by consumers.
d. An attribute is a feature of a product, while a benefit is what consumers receive by using a product.

ANSWER: d

An attribute is simply a feature of a product such as its easy-open package, special formulation, or new lower price. A benefit is what consumers will receive or achieve by using the product, such as convenience or ease of use. Customers do not buy attributes, they buy benefits.

Business

You might also like to view...

Life insurance is an example of a convenience product

Indicate whether the statement is true or false

Business

Generation Xers, who were born between 1965 and 1981, share the childhood experiences of higher parental divorce rates, recession, and corporate downsizing. They tend to care about the environment and value experience

Generation Xers make up a ________. A) subculture B) social class C) social network D) life stage E) lifestyle

Business