An enhanced product refers to a good or service that has been improved or upgraded in some way to offer greater value to customers. This enhancement can come in various forms, including improved features, better quality, additional services, or new technology. The aim of enhancing a product is often to differentiate it from competitors, meet changing consumer needs, and ultimately increase customer satisfaction and loyalty.
Examples of enhanced products include:
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Smartphones: An updated smartphone model might include a better camera, longer battery life, or enhanced processing power compared to its predecessor.
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Software Applications: A software application could introduce new features, improve user interface design, or enhance security measures in a new version.
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Home Appliances: A refrigerator may be enhanced with smart technology that allows users to control settings remotely or receive alerts when maintenance is needed.
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Automobile Models: A car model might be enhanced with safety features, improved fuel efficiency, or updated infotainment systems.
Enhanced products aim to provide additional benefits that can lead to a stronger competitive position in the marketplace.