Customers are the center point of modern organizational structure. The main objective of the company is to create value to customers profitably with its products/services.
Zandu balm is more perceived as a general day-to-day product than a pharmaceutical product by many of its customers. The value perceived by the customers is the difference between Total benefits and Total costs required to acquire it.
Benefits:
- Zandu balm is first in its category in the market. It has a 100 yrs of market history.
- It promises its customers immediate pain relief for headache, body pains, nasal congestion.
- As people started using it they started believing in its effective functioning and multipurpose usage as a pain relief balm, this got it huge word of mouth publicity.
- It became a very personal product later. People started using it not only as a pain relief balm but also as a stress reliever. Its effective and soothing smell is one of the reasons for it.
Costs:
- Zandu balm has a wide distribution network which made its acquiring costs less. It is available in most of the general stores, pharmacies, grocery stores etc.,
- Its attractive packaging and availability in small packages made it affordable to all types of people
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