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1. The level Of Competition
2. Perceived value of your product
3. Product development cost
4. Economic trend
5. Level of market demand
6. Demographics
7. Class of targeted customers
Etcetera etcetera etcetera.
What else can I help you with?
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What is the influence of branding on price sensitivity?
The main purpose of branding products is to create relatively inelastic demand for the product
What are the marketing strategy of tommyhilfiger?
it should take care of 4ps that is product , price, promotion and place these are the factors of marketing mix so price of product must be leading to promote the sale of the product at the particular place to every leveled people
What product market factors might you include in your media plan?
Price Quality Brand name Comppetitors
What are key success factors of beer and wine industry?
Price, Quality, Brand awareness, Product diversity
What factors influence supply others than price?
demand of the product
What three factors may influence a teen's buying decisions?
Price, Convenience and Product Information
What are the key differences between the natural price and market price of a product, and how do these factors influence pricing strategies in the market?
The natural price of a product is the cost of production, including factors like labor and materials. The market price is what consumers are willing to pay for the product. These differences influence pricing strategies by helping businesses determine how to set prices to maximize profits while considering competition and consumer demand.
What factors influence a consumer's willingness to buy a product?
Several factors can influence a consumer's willingness to buy a product, including price, quality, brand reputation, personal preferences, marketing tactics, peer recommendations, and overall perceived value.
How much does a set of two way radios cost?
When asking a price for two range radios it is hard to give a price without make or model. Also accessories and quality factors may influence the price of the product.
What factors influence consumer towards toothpaste?
the price and the cost
What are the basic elements of demand?
The basic elements of demand are price, consumer preferences, income levels, and the prices of related goods. These factors influence the quantity of a product or service that consumers are willing and able to purchase at a given price.
What is the most significant influence on the quantity supplied of any product?
Price or Profit
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What factors contribute to a product being favored by consumers in the market?
Several factors contribute to a product being favored by consumers in the market, including quality, price, brand reputation, marketing strategies, customer reviews, and perceived value. Additionally, factors such as convenience, innovation, and customer service can also influence consumer preferences.
What is a Non price factor?
Non-price factors are actions that may influence the behavior of the market price. This is also called as shift factors or determinants that affect the accelerating change.
Which influence on spending deals with the motivation to purchase a product?
the price of the product and the willingness of the consumer to purchase the product impact the demand of the product by the consumer. lower the price, higher will be the demand and higher is the motivation level to buy the good.
