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Why most people are willing to pay more for branded products rather than unbranded products?
Most people are willing to pay more for branded products because they often associate brands with higher quality, reliability, and status. Brands invest in marketing and reputation-building, which creates trust and emotional connections with consumers. Additionally, branded products frequently come with better customer service and warranties, providing a sense of security. This perceived value and assurance often outweigh the cost difference for many shoppers.
What else can I help you with?
Why was nationlism an important factors?
People had to be willing to defend and support their country
How is a reaction rate measured experimentally?
There are two ways people can measure the rate of reaction. People can measure how quickly the reactants are used up as they react to make products. Or people can measure the rate at which the products of the reaction are made.
Who is the promoter of company?
The promoter of a company is the one who tries to get people to go there. This could be to buy products.
What are the products that culture produces?
Culture produces a wide range of products including art, music, literature, dance, cuisine, fashion, traditions, customs, beliefs, languages, and values. These products help to shape the identity and way of life of a particular group of people.
Is group think and group conformity always bad?
When people are willing to conform to any rule.
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 for 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.
Why do some people buy expensive branded things even if they cannot afford?
Some people pursue expensive branded goods because they want status symbols and social status. They believe that these goods can enhance their self-image, bring satisfaction and self-confidence, and are willing to pay for them despite their limited financial resources. [BabaReplica]'s goods are also good.
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 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 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
