The document discusses factors that affect customer perception, including price, quality, packaging and branding, reputation, and service quality. It defines customer perception as a customer's opinion or view about a brand or company based on their experiences. Several key factors are shown to influence customer perception, such as price (customers favor economically priced items but may see very cheap items as low quality), quality (how well a product satisfies customer needs), and service quality (how well delivered service meets customer expectations). The document concludes that understanding factors affecting customer perception can help companies improve customer satisfaction.