Product value is a combination of Function, Features and Benefits: Functions are what the product does! Features are how the product performs the functions! Benefits are the perceived value to the customer!
Category Archives: Building
By Trevor Blackwell. It’s a useful visualisation tool. “This tool calculates how much funding your startup needs. Assuming your expenses are constant and your revenue is growing, it shows when you’ll reach profitability and how much capital you’ll burn through before then. Once you’re profitable, you control your destiny: you can raise more to grow […]
What is a brand? A type of product manufactured by a particular company under a particular name? The name, term, design, symbol, or any other feature that identifies one seller’s product distinct from those of other sellers? It is the idea or image of a specific product or service that consumers connect with, by identifying […]
(Originally posted at: https://medium.com/@dhkirk/kingdom-of-code-the-gods-of-the-old-and-the-new-part-1-of-2-f902bf32910d and used with permission.) This is inevitably going to get tagged as TL:DR. If you are thus inclined, skip to the last section now. For originality, it’s called LAST SECTION I wrote my first program over fifty years ago — for the historians out there, a few lines of Fortran that ran on […]