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services are having the distinct charactristics of intangibility, hetrogeneity, and most important the consumption and production happening at same time.
the perception of customer for the price of services is different from that of products. a person getting the sercice asseses the other persons abilities, competencies etc. in a very short period so the relate the efficiency of the person with the price to be paid to avail that service.
What else can I help you with?
1 How does consumer perception of the product value can set the ceiling for prices?
Consumers do not set a price ceiling on goods. Only the government can set a price ceiling. However, the consumer perception of a good's value does affect the equilibrium price and quantity demanded. This is the price that the good is sold at and how many of the good is demanded at that price.
What is the meaning of consumer perception?
what is the meaning of consumer perception
Define consumer perception?
Consumer perception is the overall impression that a consumer has regarding the worth, status and importance of a product. Consumers always rank one product to that offered by a competitor.
What is the price paid by a consumer called?
It is called the consumer price. It may also be called the retail price.
What is the meaning of consumer behavior perception?
Consumer behavior is one of the topic that marketer uses to better understanding of consumer on how their behavior react when come to buying decisions. Perception is how one view under the influence of past experience, personal opinon
Consumer perception on retail and online shopping?
yes but unsecure
What does state consumer price mean?
By state consumer price, you likely are referring a measure of consumer price in a given region, such as the consumer price index (CPI). The CPI is a basket of goods whose price fluctuation is analysed and compared over time to get a rough idea of the real price level in a region.
Consumer price index?
Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.
What are the ethical implications of product placements in the context of consumer perception?
what are the ethical implication of product placement in the context of consumers perception
Topics on marketing project for mba?
1. relation of Jingle ads with sales. 2. Relation of Jingle with recall. 3. Impact of price on sales. 4. Impact of consumer perception on sales.
What indicator does the government use to measure inflation?
Consumer Price Index (CPI)
How are consumer affected by illegal price fixing?
In the situation of "price fixing" the consumer generally will have to pay more for a product.
