Marketers have traditionally classified products on the basis of three characteristics : __________ , tangibility and use.
durability
Option 3 — durability is correct.
In classic marketing theory (Kotler), consumer products and industrial goods are first sorted using three product characteristics: durability, tangibility and use. These three dimensions frame how a product is bought, priced, promoted and serviced, so they form the base of the product-classification scheme.
On the durability–tangibility axis products fall into three groups:
| Category | Meaning |
|---|---|
| Non-durable goods | Tangible goods consumed in one or a few uses (soap, food) |
| Durable goods | Tangible goods that survive many uses (appliances, tools) |
| Services | Intangible, inseparable, variable and perishable offerings |
Why the other options are wrong: availability, affordability and necessity describe buyer perceptions or convenience factors, not the foundational classification triad. The examiner is testing the exact Kotler wording, where the missing term is durability.
Takeaway: Remember the trio — durability, tangibility and use — as the starting point for classifying any product.
Which one of the following can be legally protected ?
Match the items of List-I with the items of List-II and indicate the code of correct matching:
| List-I | List-II |
|---|---|
| a. Latent demand | i. More consumers would like to buy the product than can be satisfied. |
| b. Full demand | ii. Consumers may be attracted to products that have undesirable social consequences. |
| c. Overfull demand | iii. Consumers may share a strong need that cannot be satisfied by an existing product. |
| d. Unwholesome demand | iv. Consumers are adequately buying all products put into the market place. |
Codes:
Match the items of List-I with those of List-II and indicate the code of correct matching:
| List-I | List-II |
|---|---|
| a. Core benefit | i. Bed, bathroom, towel, desk and closet |
| b. Basic product | ii. Clean bed sheet |
| c. Expected product | iii. Rest and sleep |
Codes:
Which one of the following is the demand state where “Consumers dislike the product and may even pay to avoid it” ?
“The customer wants an inexpensive car”. This is an example of which one of the following type of needs ?
Assertion (A) : Marketers are increasingly asked to justify their investments in financial and profitability terms and rarely in terms of building the brand and customer base.
Reasoning (R) : Organizations recognize that little of their market value comes from intangible assets.
Code :
According to Five-Stage Model of the Consumer Buying Process, which one of the following sequence is followed ?
Which of the following category of goods and services is most likely to require an aggressive use of the selling concept ?
What are the four main components of holistic marketing ?
According to the __________ theory, marketers can enhance demand for a product by associating it with strong drives, using motivating cues and providing positive re-enforcement.
Arrange the following stages in the marketing process of an enterprise:
A. Marketing Mix
B. Marketing program implementation
C. Marketing planning
D. Market research
E. Control and evaluation of marketing programs
Choose thecorrectanswer from the options given below:
Which of the following is the characteristic of a product?
Which of the following is an example of durable goods?
Traditionally, marketing has been viewed as:
_______ is making it more a challenge today than ever before, to upgrade customer services to get an edge over the competitiors.