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Why many people are willing to pay more for branded products than for unbranded products?
Wiki User
∙ 12y ago
I can say that, it's for their leisure and also the quality of products.
Abbigail Waelchi
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Why are many people willing to pay more for branded products than unbranded products?
I can say that, it's for their leisure and also the quality of products.
Why many people are willing to pay more for branded products than unbranded products?
When the customer already knows the brand the trust is much higher compared to a unbranded product and because of that they are much more willing to buy the product
Why people are willing to pay branded product than unbranded?
People are willing to pay more for branded products because they have been conditioned to believe they will bring them status. They also believe they are better quality.
How does a company arrange to sell its products to people who are unwilling to pay the top price for them?
by charging each customer the maximum amount they are willing to pay
What is the use of a corporate branding strategy?
To create recognition that people will remember easily and can refer other people they know to buy items from this brand. Since people are already familiar with the corporate branding, they will be more willing to buy new products from this brand.
Why are many people willing to pay more for branded products than unbranded products?
I can say that, it's for their leisure and also the quality of products.
Why many people are willing to pay more for branded products than unbranded products?
When the customer already knows the brand the trust is much higher compared to a unbranded product and because of that they are much more willing to buy the product
Why people are willing to pay branded product than unbranded?
People are willing to pay more for branded products because they have been conditioned to believe they will bring them status. They also believe they are better quality.
What is the difference between branded and non-branded computers.?
To put it very simply, branding. "Branding" would be when someone sticks their logo on the case, the BIOS splash screen, and perhaps a sticker on the motherboard. Hardware-wise, branded computers use the same or very similar hardware to those found in unbranded bulk computers, or computers that people have built themselves. So a Dell, HP, or Acer may have almost the exact same configuration, but a different logo on the case.
Quantity of products that people are willing to buy at different prices at a specific time?
Demand
What is a rationing devices?
it is when the price mechanism allocate products or services to people who willing to pay the most.
Why there are tourism?
That's because a) There are people who want to see other places. b) There are businesses who are willing to sell such people services and products.
What is omnipeace?
OmniPeace branded products unite people throughout the world in an effort to end extreme poverty by 2025. Proceeds from the sale of these products are donated to Millennium Promise. With a simple purchase of an OmniPeace branded product, consumers are contributing to the fight against extreme poverty in sub-Saharan Africa. To date, they've raised more than $36,000! Get yours today!
How does the company arrange to sell its products to people who are unwilling to pay the top price for them?
by charging each customer the maximum amount they are willing to pay
How does a company arrange to sell its products to people who are unwilling to pay the top price for them?
by charging each customer the maximum amount they are willing to pay
How does a company arrange to sell its products to people who are unwilling to pay the top price of them?
by charging each customer the maximum amount they are willing to pay
Are you necessarily have bad taste if you don't like to shop for named brand items?
No, not at all. Far from showing "bad taste", it shows "good sense". Brand names are sometimes a guide to quality, but not always, and putting a brand name on a piece of shoddy merchandise does not magically make it "better." Many people buy un-named brands in a range of products and are surprised in the high standards of quality. Many manufacturers make "branded" and "unbranded/budget" ranges for a wide range of retailers. It makes good sense to purchase a product that fits your price range and meets your requirements.
