A.
These are essentially those products which define what kind of business.
B.
In the banking scenario the products are Savings Bank Current Account Term Deposit Recurring Deposit Cash Credit Overdraft Retail Loans Term Loan Drafts etc.
C.
These are essential products and need not have a strong marketing content.
D.
These products will have a stable life in the introduction stage of product life cycle because they are indispensable (very important _) for the different segments of customers.
Description
Core products
• Core products are essentially those products which define what kind of business.
• In the banking scenario, some of the core products are Savings Bank, Current Account Term Deposit, Recurring Deposit, Cash Credit, Overdraft, Retail Loans, Term Loan, Drafts etc.
• These core products are essential products and need not have a strong marketing content.
• These products will have a stable life in the growth stage of product life cycle, because they are indispensable for the different segments of customers.
