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Bling H20 Case

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Individual Assessment Part 2: Bling H20

Introduction
The product ‘Bling H2O’ was developed by Kevin Boyd who aimed to develop a luxury bottled water product that had an ‘exquisite face to match exquisite taste’ (website), stating that the product ‘is strategically positioned to target the expanding super-luxury consumer market’ (website). Bling H2O has adopted micromarketing to target specific consumers through one-on-one marketing based on market segmentation, product positioning, and consumer buying behaviour; this can also be adapted to Australian consumers.
Potential Target Market
If Bling H20 was introduced to Australia, this product would target the expanding super – luxury consumer market. This market is comprised of …show more content…

Social and Ethical Concerns
Bling H20’s prices are so ridiculous for a bottle of water, that it gives the consumer the idea that their product is worlds above that of competitors. This creates the perception that only the rich are entitled to have the best tasting water. Considering water is accessible to the public at a sensible price, it should not be of concern as an ethical matter, since the individual is not forced to purchase the product. Bling H20 is complying with its traditional sellers’ rights, which includes:
The right to charge any price for the product provided no discrimination exists among similar kinds of buyers. (Kotler et al 2008, p. 571)
There wouldn’t be such an ethical concern if there were a portion of profits contributed towards good causes or charity. Consumers (or possible consumers) wouldn’t feel as dreadful; knowing that the high price they’re spending is going towards a good cause, in fact, this may improve profit overall. Such a strategy would reduce ethical concerns with the possibility of increasing profit margins.
Bling H20 is promoted as the ultimate fashion accessory. This contributes to the social trend of false wants and an over-concern with materialism. “People are judged by what they own, rather than by who they are.” (Kotler et al 2008, p. 568)
Bling H20 is packaged in glass bottles and may become of concern when

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