Deficient Products Lecture Notes with Definitions PDF Download
Study Deficient Products lecture notes PDF with marketing definitions and explanation to study “What are Deficient Products?”. Study deficient products explanation with marketing terms to review marketing course for online MBA programs.
Deficient Products Definition:
Products that have neither immediate appeal nor long-run benefits.
Principles of Marketing by Philip T. Kotler, Gary Armstrong
Deficient Products Notes:
Companies usually accept that they produce product which does not compete international quality standards. These products are known as deficient products. Companies often use this strategy in order to ensure that customers will purchase their products on regular bases. Once, customer has bought best quality product from the market, their needs and demands or expectations with the product will increase with time.
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