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Major strategies used for pricing imitative and new products?
major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low
What are the characteristics of products and how do marketers classify products?
Characteristics of a product are products are tangible,products can see,
How can you classify companies based on their mix of products and services?
convenience products, shopping products, specialty products, unsought products, industrial products, materials and parts, capital items, supplies and services
What is the definition of product class in marketing?
It can divided into four parts: Firstly, convenience products such as staple conveniences, impulse products, and emergency products: secondly,shopping products, for example homogeneous and heterogeneous products: thirdly, specialty products: what is more is unsought products, new unsought and regularly products
What are existing products?
Products that exist today
What are differences between innovative and imitative products?
Innovative products are unique and original, offering new features or technologies not seen before. Imitative products, on the other hand, replicate existing products with little to no differentiation, often aiming to capitalize on the success of others. Innovative products typically drive market evolution, while imitative products may struggle to stand out in a crowded market.
Can you give example product of imitative?
Sony invented the walkman. Other companies imitated it. So their products are imitated products.
What are Example of imitative product?
Imitative products are those that closely resemble or replicate the design, features, or branding of existing products. Examples include generic drugs that mimic branded pharmaceuticals, knockoff designer handbags that imitate luxury brands, and smartphones that copy the aesthetic and functionality of leading models. These products often aim to offer similar benefits at a lower price point, appealing to consumers seeking cost-effective alternatives.
How do you spell sound of spitting?
The word, spit, is in itself onomatopaeic, or imitative, if you prefer. Spew has a similar origin, and is also imitative.
What is a imitative counterpoint?
canon
What is another word for non imitative?
original.
Which technique was used for the canon?
Imitative counterpoint
Which technique was used for the compositional canon?
Imitative counterpoint
What is the type of polyphony used in a fugue?
imitative counterpoint
What was the melody of the music in the classical period?
Repetitive and Imitative
Who is an imitative entrepreneure?
An imitative entrepreneur is someone who adopts successful concepts and idea that have been proven by innovative entrepreneurs. They essentially copy the technologies and techniques created by others.
The earliest American novels were the novels written in Europe?
imitative of
