SlideShare une entreprise Scribd logo
1  sur  7
Evaluation and the Consumer
Value for money Relationship between of what something is worth and how much is spent on it. If prices are too high compared to other similar products, the consumer is less likely to be interested in the product.  But if the product is too cheap the consumer is going to think that due to its price it wont last long. Demand for an item will be the main reason where the product can get maximum price. Because of competitors companies decide to keep a set price to similar of others.
How consumers apply criteria value for money Before purchase: Advertising  the product, products specs, list price, product image,  and evaluation from some consumers before the release of the product.  Purchase: Style, usability, performance, quality, and price.  Initial use: The performance of the product, safety, and how easy is it to use? E.g. sizes.  Long-term use Is it reliable, easy to repair, durability and cost of running.
Importance of criteria  The importance of criteria is due to the design concept. Value judgment, plays a part in the product analysis, and which vary by different people, the time area and circumstances.  Consumers will often value the product itself, security, availability, rarity and aesthetics. Designers would consider function, reliability and ease of maintenance a more important factor.
Quality assurance Very important to consumers,  This allows the consumer to not do any research into the product when considering purchasing. This means the company ahs a guarantee for the product, if the product fails to match standards.
Consumer associations  These are organizations that protect consumers they see if the company product is matching the standards and if there claims are justified.  The organizations will compare products from the target market and see if it is recommended for best value for money product. Therefore these organizations play a big role in evaluation.
Contribution of media and education Education and the media also fit into the evaluation stage this is because TV programs and such may focus on a product, and articles focusing on the new products and its specs.  Curriculum development and design education in school encourages product evaluation.

Contenu connexe

Plus de Jutka Czirok (20)

Mechanical motion
Mechanical motionMechanical motion
Mechanical motion
 
Printing process 3
Printing process 3Printing process 3
Printing process 3
 
Booklet for printing
Booklet for printingBooklet for printing
Booklet for printing
 
Alex printing processes (1)
Alex printing processes (1)Alex printing processes (1)
Alex printing processes (1)
 
Printing processes
Printing processesPrinting processes
Printing processes
 
Printing process 2
Printing process 2Printing process 2
Printing process 2
 
Printing processes 2
Printing processes 2Printing processes 2
Printing processes 2
 
The printing processes
The printing processesThe printing processes
The printing processes
 
Using smart visual
Using smart visualUsing smart visual
Using smart visual
 
Technical illustration
Technical illustrationTechnical illustration
Technical illustration
 
Gavin
GavinGavin
Gavin
 
Milton
MiltonMilton
Milton
 
Vanessa
VanessaVanessa
Vanessa
 
Kevin
KevinKevin
Kevin
 
Issac
IssacIssac
Issac
 
Andrew
AndrewAndrew
Andrew
 
Thomas Swift
Thomas SwiftThomas Swift
Thomas Swift
 
Hk1 07
Hk1 07Hk1 07
Hk1 07
 
Hk11 07
Hk11 07Hk11 07
Hk11 07
 
Evaluation & the Consumer 6
Evaluation & the Consumer 6Evaluation & the Consumer 6
Evaluation & the Consumer 6
 

Dernier

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
negromaestrong
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
AnaAcapella
 

Dernier (20)

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptx
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 

Evaluation & the Consumer 2

  • 2. Value for money Relationship between of what something is worth and how much is spent on it. If prices are too high compared to other similar products, the consumer is less likely to be interested in the product. But if the product is too cheap the consumer is going to think that due to its price it wont last long. Demand for an item will be the main reason where the product can get maximum price. Because of competitors companies decide to keep a set price to similar of others.
  • 3. How consumers apply criteria value for money Before purchase: Advertising the product, products specs, list price, product image, and evaluation from some consumers before the release of the product. Purchase: Style, usability, performance, quality, and price. Initial use: The performance of the product, safety, and how easy is it to use? E.g. sizes. Long-term use Is it reliable, easy to repair, durability and cost of running.
  • 4. Importance of criteria The importance of criteria is due to the design concept. Value judgment, plays a part in the product analysis, and which vary by different people, the time area and circumstances. Consumers will often value the product itself, security, availability, rarity and aesthetics. Designers would consider function, reliability and ease of maintenance a more important factor.
  • 5. Quality assurance Very important to consumers, This allows the consumer to not do any research into the product when considering purchasing. This means the company ahs a guarantee for the product, if the product fails to match standards.
  • 6. Consumer associations These are organizations that protect consumers they see if the company product is matching the standards and if there claims are justified. The organizations will compare products from the target market and see if it is recommended for best value for money product. Therefore these organizations play a big role in evaluation.
  • 7. Contribution of media and education Education and the media also fit into the evaluation stage this is because TV programs and such may focus on a product, and articles focusing on the new products and its specs. Curriculum development and design education in school encourages product evaluation.