A product information source that originates with marketers promoting the product.
Trial of the product
Which of the following do marketers use to give consumers a special reason for them to purchase a product or servic
Elasticity of demand is important to marketers because it helps them know the optimal price for the product. When a product is priced too high, the consumers may opt for a competitor's product.
A product information source that originates with marketers promoting the product.
product position is generally the position of product relative to the position of competitior product. marketers know about it by analysing different terms like market share of that product, customer satifaction and customer value provided by that product etc. we can also increase the position of product with respect to competitors product by using product positioning techniques.
product position is generally the position of product relative to the position of competitior product. marketers know about it by analysing different terms like market share of that product, customer satifaction and customer value provided by that product etc. we can also increase the position of product with respect to competitors product by using product positioning techniques.
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A product's position on the continuum, in turn, enables marketers to spot opportunities.
The main reason marketers go beyond selling a product and/or service to create a brand experience is to gain repeat customers. If the customer is familiar and happy with the brand, they are very likely to purchase the product or service in the future.
Characteristics of a product are products are tangible,products can see,
Sellers try to match the product to the individual. Marketers try to force a product on an individual.