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• Behavioral characteristics of consumer mark
ets include product usage rates, brand
loyalty, user status or how long they have
been a customer, and even benefits
that consumers seek. Companies like to
know how often their consumers visit their
restaurants, stores or use their products
CHARACTERISTICS OF A
PRODUCT
• Functionality - Whatever else a product does, it must fulfill its purpose in
a larger context - it must function.
• Durability - Durability is the capacity of a product
to maintain performance of the function(s) for which it was engineered
over its lifetime.
• Quality - Quality is the ability of a product to conform to its requirements
• Affordability - Cost and quality are often seen as the dominant drivers in
product development, but acting in opposition to one another. In a very
general way, the higher the quality of a product, the higher its cost.
Finding an appropriate balance of quality and cost is a key task of any
designer.
• Fabricability - By fabricability, we mean the combination
of manufacturability (the creation of actual parts) and assemblability (the
putting together of those parts into whole products or assemblies
thereof).
• Instability - Many engineers forget that between the end of fabrication
and the beginning of a product's useful life, the product has to be
installed. Missing this can lead to serious problems for the customer.
Installability includes distribution from the fabrication facility to the
operating location.
• Usability - Usability contributes to quality: a usable product will be
perceived as being of higher quality. Usability is, however, primarily a
matter of design, whereas quality is a matter of both design and
manufacturing.
• Maintainability – the ability of a product or component to be
kept in a state in which it can perform its required function
when maintained.
• Safety - One of the most important considerations, especially
these days when products tend to be so complex, is the
safety of the product.
• Marketability - For how long is the product marketable? Is it
likely to remain in production for 20 years, or for 6 months?
This impacts the design approach and market interaction with
competitors, tooling policy, manufacturing facilities, etc.