Consumer value

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Reference no: EM133091264

Discussion : Consumer Value

What does product quality really mean? Does the definition of quality change depending on the type of business?

For example, in the restaurant category: A high quality meal at McDonald's is exactly the same as the meal you got last time, and the time before that, and the time when you were five years old. A high-quality meal at a fine French restaurant is different every time you eat there. Quality service at McDonalds might mean a cheerful "Have a nice day!" while at a fine French restaurant, it might mean a silent, respectful nod.

Try to define what quality means for each of the following categories:

• A visit to the dentist

• A computer

• A motorcycle

• A haircut

• A pair of blue jeans

• A cup of coffee

• A stereo system

What is the marketing impact of poor quality?

Should you promote high quality, or should you let your high-quality products speak for themselves? Why or why not?

Reference no: EM133091264

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