Product Offering
A "Product Offering" refers to the complete range of products or services that a company provides to its customers. This can include various features, benefits, and pricing options designed to meet the needs of different market segments. Companies often tailor their product offerings to attract specific customer groups and differentiate themselves from competitors.
In addition to physical goods, a product offering can also encompass digital services, subscriptions, or bundled packages. Understanding the product offering is crucial for businesses as it helps them identify opportunities for innovation and improvement, ensuring they remain relevant in a competitive marketplace.