Revlon Street Wear Mineral Lip Gloss- Customer Values
“Customer
Values”= (Total Customer Benefit-Total Customer Cost)
So,
generalizing the BENEFITS…. we have:
ü Variety,
On-the-go Usage,
Long- Lasting, Organic
ü Convenient Purchase(
Both Online & Offline),Shipping Services
ü Trusted Brand,
Customer Loyalty( Good Reviews & recommendations)
And,
generalizing the COSTS….we have:
ü Expensive[Rs.
350+ Shipping Charges(if applicable)]
ü Low
Time Cost: As the product is expensive and focuses mainly on the urban women or
teenagers, it is available easily both ON THE SHELVES as
well as ON THE WINDOWS.
ü Low Energy Cost: Convenient Purchasing System
ü Psychological Cost:
As the Image benefits are
high, The risks involved
in the purchase of the product is low.
Thus, The “Customer Perceived Values”
are higher enough to
attract the target customers and retain them for a long period of
time.
attract the target customers and retain them for a long period of
time.
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