Quick Answer: What Are The Intangible Attributes Of A Product?

Which of the following is an example of product attribute?

Product attributes are additional characteristics of a product.

For example product attributes can be size and color.

You first create the attribute, such as size.

Then, you create values for this attribute..

What are the three types of product attributes?

Attributes are defined as tangible (physical) or intangible (non-physical). Tangibles are characteristics such as size, color, smell, product design, weight, etc. Intangible refers to things like price, quality, and aesthetics.

What are the 4 classifications of products?

There are four types of product classification — convenience goods, shopping goods, specialty products, and unsought goods.

What are the attributes of a product or service?

Tangible attributes can include such product characteristics as size, color, weight, volume, smell, taste, touch, quantity, or material composition. For example, when you want to buy a new car, you might consider tangible attributes such as its size, color, and material composition.

What is the difference between tangible and intangible products?

A product can be classified as tangible or intangible. A tangible product is a physical object that can be perceived by touch such as a building, vehicle, or gadget. … An intangible product is a product that can only be perceived indirectly such as an insurance policy.

What is the attribute of a sold product?

Product Attributes are a set of characteristics that define a particular product or a group of goods. This means size, color, flavor, package type, etc. constitute attributes. They are not to be confused with features.

What is an example of an intangible product?

An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods.

What is attribute example?

An attribute is defined as a quality or characteristic of a person, place, or thing. Real life individuals and fictional characters possess various attributes. For example, someone might be labeled beautiful, charming, funny, or intelligent.

What are the 7 types of product?

Types of Product – Goods, Services, Experiences, Convenience, Shopping, Specialty Goods, Industrial Goods and Consumer Goods.

Which is the best example of an intangible good?

An example of an intangible good is a copyright. A book or music that are licensed are tangible products, but the rights to them are intangible. As an author, artist or company, you can license your copyright to others and generate revenue from those licensing fees. Another example of an intangible good is reputation.

What are intangible features?

Intangible goods are different because they have no physical existence. They’re things like intellectual property, licensed rights or websites, which can be bought and sold but not touched or handled.