04 Analyse how a car manufacturer could add value to its products by focusing on customer wants.

[Sir Afzal Shad]

04 Analyse how a car manufacturer could add value to its products by focusing on customer wants.
Hint: KN: Add features beyond basic transport > APP: Leather seats/sunroof in a Toyota > AN: Allows charging a higher price.

Possible Structure - 3 Marker
[KN] >> [APP] >> [AN]

[hassanalizafar]

[KN]A car manufacturer can add value by including features that satisfy customer wants beyond basic transport.
[AAP] For instance, Toyota may offer luxury additions such as leather seats or a sunroof.
[AN] This can lead to product differentiation, greater customer satisfaction, and repeat purchases. As a result, Toyota can charge a higher price, increasing profit margins and strengthening competitiveness.

[shamaim shakeel]

KN] A car manufacturer can add value by including extra features in its cars that make them more attractive to customers.
[AAP] For example, Tesla adds value through self-driving technology, which increases demand and allows the company to charge a higher price.
[AN+] This raises profit margins, provides more funds for future investment, and improves customer satisfaction, which encourages repeat purchases.

[Aarib Saad]

(KN)By adding more features to it's cars.
(APP)For instance, the car manufacturer can add heated seats, panoramic roofs, and rear and front cameras to it's cars. This will allow the business to then justify a higher price, so a premium price tag can be added, leading to an increase in sales revenue, in turn allowing business to expand and launch more car models, which will lead to popularity and development of brand image.
(AN+)This in the long turn will help the business to remain competitive and relevant.

[Muaz Aamir]

KN: A car manufacturer can add value by focusing on customer wants like comfort and technology.

AP: For example, adding air-conditioning or a touch screen.

AN: This makes the car more attractive than basic models.

AN+: As a result, the business can charge higher prices, attract more buyers from rivals, and build customer loyalty over time.

[Subhan Zafar]

{KN} A car manufacturer can add value to its cars by adding features in cars that other transport does not have.
{APP}For instance, Toyota adding ADAS features and sunroof in their cars this would satisfy customers and result in repeated purchases of their cars.
{AN+}As a result Toyota can charge high prices for the features it is providing in its cars which would Inc. Toyotas profits.

[Abdullah Mohsin]

[KN] By adding features like heated and cooled seats
[APP] Many people want a cold seat on a hot day, which is not a necessity, however, a car manufacturer like Toyota could offer these features on their base-model cars which would attract customers with low budgets and a desire to have these features. This allows Toyota to slightly increase the prices of their vehicles
[AN] This would increase satisfaction of consumers, leading to good word of mouth, increasing sales and revenue of the business

[Abdul Hadi]

KN: A car manufacturer can add value to it's car by providing the customer with unique features and customizability for the car.
APP: For example a car company like Rolls Royce allows it's customers to fully customize the interior and exterior of the car to the customers liking.
An: such options allows the car manufacture to make itself unique from other car manufacturers, Charge higher prices from the customers for customizability, and earn more profits and improve it's brand image

[Mahnoor satti]

[KN] Car manufacturer can add luxury feathures
[APP] For instance, Toyota can offer leather seats, this feature do not affect the cars ability to work but they can increase the comfort, style and status making them more attractive to customers
[AN] This can create USP that differentiate their brand, thus, customer will be willing to pay higher prive resulting in more profite that can be use for reinvertment like expanding

[abdurrehman waseem]

KN:Adding value means offering benefits
App:eg:Toyota can add value by offering leather seats or sunroof
An:These are not essential but allow to charge high prices

[Mustafa Khan]

KN]they can add value by adding more features to the car which will cover aspects beyond basic transport.
APP]for example Haval H6 provides ventilated seats which keeps the seats cool even in extreme hot condition moreover fortuner provides a cool box which helps in keeping the edibles chill.
AN]these features fulfil customer wants which leads to customer satisfaction because of which the customer is willing to pay a higher price which results in customer satisfaction

[Abdullah Altaf]

[KN] A car manufacturer could add value by providing extra features
[APP]for instance a well known brand such as Honda could add value buy providing panoramic sunroof, heated seats and daylight running lights. This will not only improve car image but will also attract more customers hence increase in sales.
[AN]This will allow business to have a unique selling point allowing them to charge premium pricing hence increasing profits which could be used to be used to increase variety by making new models.

[Uqbah hadeed kayani]

[kn] the manufacturer could add features which are not available in basic transport methods [app] this may include things such as a sunroof leather seats and ventilating chairs [an] these added things can allow the manufacturer to charge the consumer high for them thus increasing the overall revenue earned from a car allowing the manufacturer to reinvest more into Research and Development

[Abdur Rehman khan]

[KN] They can offer features beyond the basic function transport.
[APP] For example, a car manufacturer like Toyota adds value by providing features like leather seats or a sunroof, which go beyond providing basic transport.
[AN] This will improve the quality of product which allows the business to charge a higher price which will increase profit margins and improve the competitiveness in the market.

[Shaliza khawaja]

(KN)A business adds value by making its products more desirable so that customers are willing to pay a higher price.
(APP) A car manufacturer could do this by focusing on wants such as in car entertainment systems, built-in navigation, or eco-friendly hybrid engines. (AN)Meeting these wants makes the cars stand out, attracting customers who value modern technology. This allows the manufacturer to charge premium prices and build customer loyalty, strengthening its competitive position in the market