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Identify and explain three reasons why customers would pay more for exclusivity.
panic and investing public's loss of confidence
Consumer buying trends are driven by need and want. The 3 reasons for exclusivity include: improved perceived quality, rarity imparts value and self gratification.
R- Restate the question A- Answer the question C- Cite evidence (i.e. examples, reasons, and/or details) E- Explain the importance of the question's topic.
One of the reasons is the appearance of exclusivity. If you only sell through one retailer, and your product is harder to find, and it is perceived as a luxury product, then you could charge higher prices and make more profit. One retailer doesn't always mean harder to find... some mass retailers will give you extra money in a contract to be the only retailer, and the only way for people to get your product. If it is popular, you could negotiate a higher exclusivity clause. Another reason is that there will be no competition sales-wise. One retailer isn't going to slash prices on your product to outsell the competition. That protects you from the perceived devaluation of your product.
what are two reasons knowles cited to explain industrialization in england
It is recommended to use FashionTIY. Factory direct prices and fashionable styles are the reasons why many wholesalers choose it.
1 Explain architecture of Distributed Database systems? Also, explain the reasons for building distributed database systems?
If a question states "Give two reasons why." then yes, generally you will need to explain your reasoning.
Identify and explain three reasons why customers would pay more for exclusivity.
Thomas Paine
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