Saturday, 9 November 2013

Feature centric Vs Benefit centric



Features are something external, characteristic of product and services, appearance, its components and its capabilities. Benefits are value which you are offering along with your product and services.
Features are descriptive but Benefits are emotional. Many business owners talk about their work in the term of features it offers, but it`s much more power to talk about the benefits customers receive. Feature is tangible but Benefit is intangible in nature. Benefits add values to your product. What is Value, exactly? Here’s the basic definition.

val-ue: something desirable and of worth, created through exchange or effort. Value means helping people.

A feature satisfies the need of customers, but Benefits goes satisfies the hidden need. For example: You go to for horse riding to one of the ranch outside city which offer riding, lodging, food and thousand acres of riding facility, but these are things which they are offering, yes they are satisfying you needs but what benefits are you getting is Freedom to escape and be someone else. After hectic weekdays in office now you want to enjoy fullest it is not food and lodging which are satisfying you its benefit which gives customer a Freedom kind of sense which something beyond the basic needs. 
One day you daughter went to shopping and bought one wedding dress along with others accessories but not this feature attracts your daughter instead a emotional benefits that gives sense of special feeling on wearing dress. 
May be your product is full of features that you thinks is innovative and extra to what your competitors are offering but what is they are not give any benefits to your customers, What is they not feeing emotionally satisfied.
What about the new recipe book you have bought from the market, which has lots of simple recipes to make at home and those are easy too but exactly benefits you are getting from this book is that you are able to spend quality time with your family.

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