And if you make the âZestimate is too highâ argument, youâll probably get laughed at by the seller and the real estate agent. Of course, if I were buying a home and had the choice, Iâd want to be making an offer on a home that was listed below the Zestimate, whether accurate or not.
Definition of 'Product'. Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted. Each product has a useful life after which it needs replacement, and a life cycle after which it has to be re-invented.
Define: Actual Product. is a consumable product, which can also be a service or idea a customer is purchasing. Contrary to the overall consumer perception of a product there are actually three different levels which include the core, actual and the augmented product. The core product is also known as an added value benefit or what the actual productâs value to the consumer may be.