Use examples to show the differences among value-conscious, price-conscious, and prestige-sensitive customers?

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The Answer is Marketers who understand these characteristics are better able to set pricing objectives and policies. Value-conscious consumers are concerned about both the price and the quality of a product. Recent economic difficulties have altered the purchasing habits of many consumers and business customers, with many more placing value-for-money high on their list of key customer values when making purchasing decisions. Price-conscious consumers strive to pay low prices. Prestige-sensitive consumers focus on purchasing products that signify prominence and status.

Use Examples to Show the Differences Among Value-Conscious, Price-Conscious, and Prestige-Sensitive