shreyasrikanth1
shreyasrikanth1
20.09.2019 • 
Business

The consumer report illustrates the aspects of your product offerings that are important to your consumers. in this exercise, you will "grade" your product based upon how well it is meeting the customer expectations. keep in mind that the customer buying criteria represents the "perfect product" in the eyes of the consumer. however, supplying the perfect product may not always be feasible or cost effective for your company.you will need: the buying criteria from the segment analysis pages (pages 5-9) in the round 0 capstone courier.in the customer buying criteria (located in the top left-hand corner of the segment analysis reports), you will find a range for both price and reliability (mtbf) that customers find acceptable.in the "top products" section (located at the very bottom of the segment analysis report), you will find your product’s current price and mtbf.based on where your price and reliability (mtbf) fall within that range, you will assign a "grade." for example, if the list price of your product is $28 while the acceptable range is $20-$30, then it would fall in the top of the range and earn a "c" grade.the chart below breaks down the price and reliability ranges from the customer buying criteria for the low tech segment with a corresponding grade. you will need to do a similar analysis for each segment.to score an a to score a b to score a cprice* $20.00- $23.33 $23.34 - $26.67 $26.67 - $30.00reliability* 17,334 - 19,000 15,667 - 17,333 14,000 - 15,666age 0.5 year away from ideal 1 year away from ideal 1+ years away from idealpositioning 0.5 away from ideal 0.6 - 1 away from ideal 1 away from idealawareness 80% - 100% 51% - 80% 0% - 50%accessibility 80% - 100% 51% - 80% 0% - 50%overall (the top two buying criteria is listed in the capstone courier segment analysis reports) the top two buying criteria for the segment were rated a and the awareness and accessibility were rated at least a b. the top two buying criteria for the segment were rated b and the awareness and accessibility were rated at least a b. if you are not able to meet the criteria to score an a or b, then your score will be a c.*keep in mind that consumers want a low priced product with high reliability, so that will impact the "grade" that is assigned to your product. reliability age positioning awareness accessibility overall low endprice reliability age positioning awareness accessibility overall high endprice reliability age positioning awareness accessibility overall performanceprice reliability age positioning awareness accessibility overall sizeprice reliability age positioning awareness accessibility overall

Solved
Show answers

Ask an AI advisor a question