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Q: Is a refund extended to customers when they purchase a particular product?
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Yes this product has a 90 day warranty. You may also purchase extended warranties as well. ?

Yes this product has a 90 day warranty. You may also purchase extended warranties as well.


What is prevailing market price of a product?

Tat at which customers will purchase it at.


What is a demand for a product?

A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.


What does advetisement mean?

Advertisement is the form of communication intended to persuade an audience to some action. It includes the name of the product or service & how that product or service could benefit the consumer to persuade potential customers to purchase or to consume that particular brand.


What is the definition of the product knowledge?

Product knowledge refers to a deep understanding of the features, benefits, and uses of a particular product. It includes knowing how the product is made, its specifications, and being able to effectively communicate this information to customers. Ultimately, having strong product knowledge can help sales teams build trust with customers and make more informed recommendations.


Disadvantages of sales data?

The sales data show the business what product is in demand for customers to purchase.


What do you mean telecallers?

Tele caller means who call to the customers and give full details of the one particular product and sale the product to the customers through Tele call... with good convincing and motivation skills..


Use the 6W model to perform customer analysis?

The 6W model of customer analysis advises you know who your current and potential customers are, and what those customers do with your product. It also explains that you should know where, when, and why they purchase it. And for those people who don't purchase your product, you should find out why.


What is the purpose of point-of-purpose advertising?

The primary motivation is to attract customers to the display so that they will purchase the product.


What is a product launch formula?

A product launch formula is the method in which you introduce a new product to the market for consumers to use and purchase. Successful product launch formulas can result in a many sales and repeat customers.


How would you describe the continuity objective in advertising?

Continuity advertising is a strategy to keep current customers using a particular product.


What is meant by verticals and horizantals in any industry?

The customers in a vertical market come from one specific industry, and use a particular product for different things. In a horizontal market, customers come from various industries, but all use a product for the same purpose.