Micro Fridge
What value does the product create? For whom?
Portable: Micro fridge is a compact product. It is 87 pound and under 4 feet of height. Hence it can be easily transported. It also requires very less space for itself. Micro Fridge adds a big value to the consumer class who is having space constraint in their living area. One of such consumer would be students. Usually due to limited pocket money students live is smaller house or dormitories near college or in colleges. Hence it will be very beneficial for the students. It will be also very beneficial to the lower income group people who live in smaller house.
Low power consumption: Micro fridge consumes only 10 Amp of current. Electricity bill will be low by using this product. The consumption of current is quite low as compared to when similar usability of devices. It helps in adding to contributing to environment by saving electricity. We can call it to promoting ecofriendly device. The ecofriendly value is quite important. It creates value of humankind. It adds value for entire society.
Economical: Micro fridge is economical. The price quoted was $260 which was very economical. It was affordable for the students section of consumer class having shallow pockets. Even the low income group consumers will go for this product due to lower prices. In market only fridge will cost so much in which the micro fridge was available solving dual purposes i.e. fridge and microwave.
Safe: Micro fridge is a safe electronic appliance. Safety is adding a very important dimension to the product. It is important for the students, parents and also to the college authorities. As it is safe students can be allowed by parents to buy it. Even it will be beneficial for motel authorities as it will not require any special training for their staff members in order to operate it. It can also be used in office cafeteria.
Long life: Product has a long life of