whole product the whole product typically augments the core product with additional elements...

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Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer.

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Page 1: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Whole Product

The whole product typically augments the core product with additional elements required for the product to have more value to a customer.

Page 2: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 2

Introduction

The whole product typically augments the core product with additional elements required for the product to have compelling value to a customer. These additional elements to the core product would provide better user experience.

Page 3: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 3

Total experience of equipment user

If a measurement instrument is the core product, then whole product would include accessories (probes, couplers, cables, etc.), training, purchasing, and user support services (application, installation, repair).

Page 4: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 4

Total restaurant dining experience

If food is the core product, then whole product would include atmosphere, service, choice of menu, location, etc .

Page 5: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 5

Total computing experience

If a personal computer is the core product, then whole product would include software applications, purchasing, training, peripheral devices (scanner, mouse, display monitor, printer, etc), and internet connection.

Page 6: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 6

Value Delivery System

Any business organization is a part of a larger system of delivering value to customers. This end-to-end system that collaborates to deliver value to your customer is called a Value Delivery System.  

Questions to ask of anyone in the whole system include: •Who do you deliver value to? •How do they evaluate it? •What is their current evaluation?

•Who delivers value to you? •How do you evaluate it? •What is your current evaluation?

Page 7: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 7

Value Proposition

Customers receive value every time they touch your products. The customer lifecycle has been characterized by the following stages.

Disposing

Supporting

Using

Learning

Installing

Ordering

Choosing

Your VDS (Value Delivery System) should aligned to each stage of your end customer's lifecycle. Communicate your value proposition to customer effectively.

← value

← value

← value

← value

← value

← value

← value

Increase your value in each stage to gain competitive

advantages

Page 8: Whole Product The whole product typically augments the core product with additional elements required for the product to have more value to a customer

Contents by KH 8

Potential products

Potential products are any additional peripheral products and services to enhance user experience.

Such as:

What may remain to be offered.

What is possible to provider better user experience.