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More attractive to experienced buyers

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13y ago

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Is product with more feature attractive the new buyers than experienced buyers of the product?

i suppose yes


What do product phographers do?

Product photographers help to take photos of products that companies are trying to sell. They need to choose appropriate composition and color balance to ensure their photos of the products look as attractive to buyers as possible.


What 2 questions should a salesperson answer about each product feature?

A salesperson should address: "What problem does this feature solve for the customer?" and "How does this feature provide value or benefits compared to competitors?" These questions help to clarify the feature's relevance and effectiveness, ensuring the salesperson can effectively communicate its advantages to potential buyers.


Why does competition among buyers result in higher prices for product?

Buyers compete for the same product by raising what they are willing to pay.


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give a colorful products and tasty in eyes of buyer


What is the role of buyers and sellers in determining market clearing prices?

The sellers will determine how much they want the product to cost to make it worth producing. Buyers will determine how much they will spend on the product.


How do you use database technology to achieve product differentiation?

The term "product differentiation" refers to making a product stand out from others, to attract buyers from a particular segment. Database technology can help if it is sorted to display potential buyers from the target market.


What are the benefits of using transparent plastic in packaging materials?

Using transparent plastic in packaging materials offers several benefits. It allows consumers to see the product inside, which can help with product recognition and marketing. Transparent packaging also provides protection from external elements while showcasing the product's quality and freshness. Additionally, it can enhance the overall aesthetic appeal of the product, making it more attractive to potential buyers.


Meaning of product concept?

Product concept is the knowledge of a product and the act of being able to use the product to display its capabilities, potential and features to perspective buyers.


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Do buyers and sellers as one group determine demand but only seller determine supply?

Yes. Buyers want a product and those that sell it regulate how much of it they sell to the buyers, therefore controlling the supply as a result of the demand.


What is the term in economics by which a group of buyers and sellers of a product come together to trade?

market