Identify the benefits, which is not availed by a customer while purchasing a product: |
Functional Benefits Psychological Benefits Saving Benefits Social Benefits |
Saving Benefits |
The correct answer is option (3) : Saving Benefits Here's the reasoning for why saving benefits are not availed by a customer when purchasing a product: 1. Functional Benefits: These benefits are related to the product's functionality and how it fulfills a customer's needs or solves a problem. Customers experience functional benefits when they use the product. 2. Psychological Benefits: These benefits are related to the emotional and psychological satisfaction a customer derives from the product. This can include feelings of happiness, pride, or confidence that the product provides. 3. Social Benefits: Social benefits refer to how the product enhances a customer's social status or relationships. For example, if a product makes a customer more popular or respected, it provides social benefits. So, saving benefits are different from the other three types of benefits, as they are realized at the point of purchase, while the others are experienced during and after product usage. |