Defining Product-Service Features and Benefits
Whats the Difference between a Feature and a Benefit?
Features are qualities or characteristics of your product or
service.
Benefits are the favorable results that your customers obtain
by using your product or service.
Features
It is important to be able to fully describe the features of
your product or services so your customers understand precisely
what you are offering. For each product/service you sell, you
need to describe every feature. Features of a toothbrush, for
example, might include soft bristles, flexible head, etc.
Features of a marketing consulting practice might include
developing corporate identities, creating newspaper
advertisements, developing a structured networking approach, etc.
When developing your marketing approach, a list of features of
your product/service would be best used in a brochure or other
marketing materials where you have space to be descriptive. Your
overall marketing strategy, however, is based on the benefits if
using your product or service. The best marketing approaches are
based on the single most important benefit statement.
Benefits
Benefits are based on the result of having used the product.
For each feature of your product or service, ask yourself,
What does the customer really GET from using this
feature? The benefit of soft bristles on a toothbrush to
the customer that is having gum problems, for example, is less
friction on tender gums. The benefit of a flexible head is the
ability to brush hard-to-reach areas in the mouth, removing
plaque that causes bacteria. So the marketing approach for the
soft-bristled, flexible head toothbrush would be based around the
idea of preventing periodontal disease.
The single most important benefit of all the features of a
marketing approach is to increase sales. Creating marketing tools
is a feature of a marketing consultants services, but
increasing sales is the benefit obtained.
Creating Benefit Statements
Benefit statements usually fit in the categories of
convenience, saving time or money, more experience, a particular
skill, etc. Marketing approaches are built on benefit statements,
not features, commonly referred to as selling the
sizzle, not the steak.
Automobile sales are a perfect example. How many automobile
ads have you seen that actually list the features of the car?
Automobile manufacturers understand that customers do not make
buying decisions because of power steering or other features;
most customers purchase automobiles based on the customers
perceived benefits from owning that particular vehicle. So,
luxury models and sports cars are marketed on lifestyle
perceptions, how youll look and feel in the car, how others
will perceive you when they see you in the car, etc. BMW,
the ultimate driving machine speaks to potential
customers not about leather seats or power steering (features),
but makes the emotional appeal to ones sense of self, how
the customer will feel owning the ultimate driving machine.
Benefit Statement to Marketing Strategy
So, after youve listed all the features of your
product/service, and then identified the benefit obtained from
each feature, ask yourself if there is one single powerful
benefit obtained from using your product/service. Will using your
product/service save your customers money? Will it save them
time? Will it prevent an illness? Will it make the customers feel
better, stronger, healthier, sexier?
Identify that one focused benefit, and then develop your
marketing strategy based on it.