Wednesday, May 1, 2019
Bottled Water Essay Example | Topics and Well Written Essays - 500 words
Bottled Water - Essay ExampleThis observation is realized from a event of variables that differentiate bottled peeing from blame irrigate. On the same note, these differentiating variables allows bottled water to obtain price premiums, a scenario that lacks in cases of tap water. The sale of bottled water is undertaken by firms that are in business. They therefore have business aspects to beak for in their operations. In this regard, value creation becomes a critical differentiating variable. This is done through processing and encase water in ways that appeal to the customers (Shiv, 2007). Value creation differentiates tap water and bottled water, with the primary action being packaging. This process costs the various firms that engage in it, and the price of the bottled water must line for the costs as well as business profits.The providing firms themselves act as a differentiating variable. Tap water is provided to the masses as an aspect of human right by local governmen ts or the state at large. Water treatment processes are undertaken at a central point before supply is done. For this reason, water tap is regarded a necessity and a right to the population. On the other hand, bottled water is associated with luxury, a accompaniment to tap water. Therefore, obtaining the water attracts a luxury price premium.Quality is another aspect that differentiates bottled water from tap water. If is often held that bottled water is of spirited quality than tap water. While this claim whitethorn or may not be true, a high quality product is likely to attract a high price. The quality aspect has given rise to numerous bottled water brands, and the higher the quality attached to a specific bottled water brand, the higher the price premium that brand obtains.Marketing activities significantly differentiates tap water from bottled water. Firms that sell bottled water are actually business enterprises. Companies that supply tap water are either state operated
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