why customers would pay more for exclusivity?
Identify and explain three reasons why customers would pay more for exclusivity.
Consumer buying trends are driven by need and want. The 3 reasons for exclusivity include: improved perceived quality, rarity imparts value and self gratification.
Businesses segment their pricing to appeal to different customers. Managers recognize that some customers are willing to pay more for quality than others.
If a business does not have customers then how is the business supposed to get money and pay for the merchandise.
the employees and customers
Identify and explain three reasons why customers would pay more for exclusivity.
Because they're shallow. Those concerned with status symbols will always pay more for anything that can be construed as such.
Because they're shallow. Those concerned with status symbols will always pay more for anything that can be construed as such.
Consumer buying trends are driven by need and want. The 3 reasons for exclusivity include: improved perceived quality, rarity imparts value and self gratification.
If you were rich or famous and want a one-of-a-kind dress you would pay extra for exclusivity of being the only one to own the dress.
The exclusivity of the Rolls Royce brand is cost, they do not qualify their customers other than ensuring you can pay.
the cup
Sucking my penis
That would be the check-out counter.
If you want someone to work exclusively for you, usually it is because he/she is very good at the job and you don't want to risk losing him/her. Plus, if that person is also working for your competition, there's always the risk of them finding out what you're up to. So, for that, you pick the best person for your specific activity and pay him/her more to work just for you.
Price skimming is a strategy by which the initial price set is the highest initial price any customers will pay. As those customers pay those prices, the price lowers to bring in more customers.
The drawback of offering credit customers more time to pay is it may encourage them to stall their payments. Allowing more leeway could enourage them to miscalculate their budget and become late on payments.