Question: Read the choices in table 1 and 2 and based on your preferences discuss the main questions given at the end. Table 1 Coffee Shop
Read the choices in table 1 and 2 and based on your preferences discuss the main questions given at the end.
Table 1
| Coffee Shop | Positioning/Marketing | Price |
| A | The leading brand of coffee shop heavily advertising on TV for 20 years well known and recognized | $5.30 |
| B | Coffee shop makes authentic coffee beans from Brazil and Ethiopia Best coffee in the town | $5.00 |
| D | A coffee shop that gives ALL profits to charity. | $4.60 |
| E | Local Coffee shop help support the local community | $4.30 |
| F | A coffee shop not known of any reasons or does not have positioning | $3.20 |
Table 2
| Brand of Formal Shoes | Positioning/Marketing | Price |
| A | The leading brand of Shoes heavily advertised on TV for 20 years well known and recognized | $199 |
| B | Imported high quality shoes from Italy | $170 |
| D | A shoes brand that gives ALL profits to charity. | $155 |
| E | Local shoes brand help support the local community | $140 |
| F | A shoes brand that is not known for anything specific and does not have positioning | $89 |
Task:
First think about your preferences and reasons by answering the following three questions
- Which would be your most preferred coffee shop? (assume that they are all located close to your home/office).
- Is your preference predominantly based on positioning/marketing or price?
- How does your preference with respect to coffee shop compare with your preference regarding shoes? Why?
Then, based on the above questions, discuss the following in 100-120 words:
To what extent is price the only aspect of consumers perception of value? Compare the two product categories/brands in your response.
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