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Generally, people choose one product or service over another due to factors such as perceived value, quality, and brand reputation. Additionally, personal preferences, recommendations, and marketing influence their decisions. Price and convenience also play significant roles, as consumers often seek the best balance between cost and benefits. Ultimately, the choice reflects their specific needs and desires at the time of purchase.

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1w ago

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What does an advertisement do?

An ad (other known as an advertisement) makes a person buy or sell a product or change a person's opinion about another product and tells them to buy their product instead for an easier living.


You are a marketing manager of a soap manufacturing company on what bases would you segment your market?

Look at it from another point of view... instead of searching for consumers who would buy your product(s), do a little research, maybe around your family and friends and find out which product you can make that it's wanted (and missing, preferebly) in the market... Basically it is making your way from the outside in, instead of the other way around! Focusing on the consumer instead of focusing on the product. Hope you liked the answer ;)


What is by-product pricing?

The by-product of any process, instead of being discarded, is sold at a cheaper price, often for a differend process.


What is a way that companies attempt to get consumers to buy their product instead of their competitor's products?

The answer is branding, it differentiates a product from the product of its competitors and thus increase the interest of consumers in that good.


Would an event ticket be considered a product or a service?

An event ticket is generally considered a product because it represents a tangible item that grants access to a specific event. However, it also encompasses the service aspect, as it provides the experience of attending the event itself. Ultimately, while the ticket is a product, its primary value lies in the service it facilitates.

Related Questions

What was another product instead of the silk road that helped the Europeans?

the Nile river. because it provided fresh water and a great place for a bath


Tourism is generally a service rather than a physical product?

Tourism is generally considered a service. Tourism is not a physical product because you cannot take the environment home with you.


What does an advertisement do?

An ad (other known as an advertisement) makes a person buy or sell a product or change a person's opinion about another product and tells them to buy their product instead for an easier living.


How is jik made?

JIK is a brand of cleaning product. It is characterized as a bleach and is generally made with ammonia or another solvent.


What is apple usp?

USP is Unique Selling Point or Proposition, and it is what makes the product unique in comparison to other similar products. Basically it is what makes people buy an Apple product instead of another company's product


What a product of the numerator of on fraction and the denominator of another fraction?

Near enough what you describe in the question - except that you say "on" instead of "one". It has no special name.


Why is elongation more in glass than rubber for the same deforming force?

because when the same force is used on another by itself glass or rubber the elongations expand in wisth instead of lenth so the product only looks bigger then longer.


You are a marketing manager of a soap manufacturing company on what bases would you segment your market?

Look at it from another point of view... instead of searching for consumers who would buy your product(s), do a little research, maybe around your family and friends and find out which product you can make that it's wanted (and missing, preferebly) in the market... Basically it is making your way from the outside in, instead of the other way around! Focusing on the consumer instead of focusing on the product. Hope you liked the answer ;)


What is the meaning for substitute?

its something you use instead of that one thing.


Why is determining demand elasticity important in economics?

What are the determined factors of price elasticity of demand


Why is oxygen a waste product?

Most of our oxygen we breathe has been emitted by plants because instead of breathing oxygen and breathing out carbon dioxide, they breathe carbon dioxide and breathe out oxygen as a waste product.


What is a cut-sheet?

A cut sheet is a general term for a few pages of specifications, instructions, dimensions, etc. that apply to a certain technical product or product line, generally shipped with the product. It is my understanding that they are called such because they are frequently pages which are "cut" from the company catalog. Cut sheets are generally specific enough to convey any information that the customer might need to install or use the product.