Statement through which you will decrease various forms of risks of using your brand                                                                                                            Value Proposition grid (product Based) for your shampoo to improve worth but do not decrease price un-necessarily                                                      Statements (practical not definition) for influencing consumer purchase decision   4.Explanation of consumer behavior models (practical explanation linked to your brand) in order to market your brand

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Please answer all parts. its a single question

You being an entrepreneur launch a new form of anti-lies shampoo which is quite-beneficial for defense against hair fall.  Although there is no other shampoo which is beneficial for both of these benefits. Then there is a need to check customer perception regarding the shampoo which is offering both of these benefits. Therefore you conducted a survey from those who are suffering mainly from issues of lies. Although your brand is found to be in fourth quadrant of the perceptual mapping grid (as it is in initial phase), this needs to formulate following:

 

  1. Statement through which you will decrease various forms of risks of using your brand                                                                                                           
  2. Value Proposition grid (product Based) for your shampoo to improve worth but do not decrease price un-necessarily                                                     
  3. Statements (practical not definition) for influencing consumer purchase decision

 

4.Explanation of consumer behavior models (practical explanation linked to your brand) in order to market your brand.            

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