Features, Benefits, and Market Segmentation
3CO01 – Business, culture and change in context
This CIPD Level 3 learning video, part of unit 3CO01 – Business, culture and change in context, explores how organisations identify and communicate their products and services through features, benefits, and market segmentation. The video directly addresses assessment criteria AC 1.3, examining the distinction between product features and customer benefits whilst analysing how organisations segment their markets to reach specific customer groups. By understanding customer needs and market positioning across different business models—whether agency, direct, wholesale, or online—learners develop the practical knowledge required to discuss an organisation's market context and customer base effectively. You'll gain the analytical skills needed to evaluate how organisations deliver value to their target customers and succeed in CIPD Level 3 assessments.
Assessment Criteria 1.3
Discuss the products and/or services the organisation delivers, including who the main customers are
Indicative Content
Identification of the products and services that the organisation offers; the market within which it operates and the customers it serves; customer needs analysis; difference between features and benefits; types of business/market, for example, agency, direct, wholesale, online; market segmentation
What You'll Learn
Video covering: Features, Benefits, and Market Segmentation
About 3CO01 – Business, culture and change in context
This unit considers the impact of external influences and how the digital and commercial environment shapes businesses and the culture within which they operate. It considers the importance of people’s behaviour on organisational culture and its ability to manage change effectively.
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