Professional Documents
Culture Documents
Document 10
Document 10
Helping the customer know the functions of the product and how it can be used and
how it is superior to any competing products from other companies Aswell as the
benefits and advantages and how it suits their needs.
The product and service provided as well as the development of the product and its
presentation to the customer and the quality of it.
Price:
The manner in which the product is priced and the discounts and offers
available and how it will affect the customer like if they can't pay it all at once
you should have alternative payment arrangements like paying monthly with
or without a set amount of interest fees.
Pricing strategy determined by the businesses position in the market if the
business is well developed and has much income, they can raise their prices
as their product is well respected and is liked by the customers and they
wouldn’t mind paying extra if the quality is good but if they don’t mind about
the quality then they would possibly find another seller.
Promotion:
Place:
People:
The manner in which your employees are perceived either through their
mannerisms and attire or their type of language.
The people they target based on their location and average income Aswell
as the amount of people in a home as a company that is located in a low-
income environment, they would usually sell products and services of a
lower cost therefore making the quality poorer which is the way in which
people perceive it as they want them to be able to afford it. And if people
have a family they would make different sized products like a family pack
cereal and a small pack for people that are possibly living by themselves.