Friday 26 September 2014

Coustomer Value



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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