CUSTOMER PERCEIVED VALUE
TOTAL CUSTOMER BENEFITS
The total customer benefits is the sum total of the other benefits which include the following.
Product benefits
3. Fresh energizing
4. Fresh moisturize
4. Fresh moisturize
5. White/Pink beauty bars
Image benefits
Dove has built strong connects with its customers by producing advertisements with real women rather than celebrities. This helps gain the brand a sense of true connectivity from the customer end who find it easier to connect with the product. Also the tagline "beauty is a state of mind" helps develop a sense of confidence in the minds of the customers.
TOTAL CUSTOMER COST
This cost is the sum total of all the other costs which include the following.
Monetary cost
The basic price of this beauty bar would lie in the range of INR30 to INR50 which is slightly higher when compared to the other soaps. However, the target customers segment include working women, and this fact would make it feasible for Dove to price this product in the above given range.
Time cost
The product is available nationwide in all the general stores, super-markets, drugstores et al and the customers can buy this product at their nearest stores which would not consume much time.
Energy cost
The product is a daily requirement of the household and thus is usually bought along with the other groceries and essentials. This proves that no extra energy is needed to attain this.
Psychological cost
Differentiation of the product with its moisturizing ability without an alternative makes the customer feel worthy about spending the designated amount.