Product Convenience Products FairPrice offers a wide range of products ranging from food to body...
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Transcript of Product Convenience Products FairPrice offers a wide range of products ranging from food to body...
ProductConvenience Products
FairPrice offers a wide range of products ranging from food to body care to hygiene products.
These items are convenient and mostly are neccessities so they are bought often without consideration
PriceThe price of FairPrice products are
reasonable and within consumer’s reach.
FairPrice is conveniently located in shopping malls and some neighborhood areas.
Place
PromotionFairPrice holds offers and promotions
frequentlyThe most common promotion they offer is
bundled pricing promotions. E.g. twisties usual price of 1 for $1.15, bundled
pricing of 2 for $2
Lucky Draws
What could be done to enhance their brand positioning?FairPrice could improve on their Points-of-
Difference so as to create a strong, favorable and unique associations as the products they are selling are almost the same as its competitors.
FairPrice can also differentiate themselves by providing services their competitors don’t provide so that they can establish a “unique and one-of-a-kind” image in the minds of the target market.