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Yes. There are two basic things that confer value to an item or service: exclusivity (rare, expensive, ie most people do not have access to it, this would set you apart from others, such as diamonds) and utility (inherent usefulness of said item, ie food and water are needed to live)
What else can I help you with?
How do you use the word exclusivity?
Due to the exclusivity of the people that were going to be at the party, he knew he had no chance of getting in. The exclusivity of the performance increased the demand for tickets.
4 Identify and explain three reasons why customers would pay more for exclusivity?
Consumer buying trends are driven by need and want. The 3 reasons for exclusivity include: improved perceived quality, rarity imparts value and self gratification.
What is the suffix of confer?
The suffix of "confer" is -er.
Why customers would pay more for exclusivity?
why customers would pay more for exclusivity?
How do you write confer in a sentence?
I must confer with my colleagues
What are three reasons for exclusivity?
Exclusivity can enhance perceived value, as limited availability often drives demand and creates a sense of luxury. It fosters a sense of belonging among those who have access, strengthening loyalty and community around a brand or product. Additionally, exclusivity can help companies target specific market segments, allowing for tailored marketing strategies and enhancing customer experiences.
How do you put a sentence with confer in it?
I'd like to confer with my associates.
What is the past tense of confer?
The past tense of confer is conferred.
What is the past participle of confer?
Conferred is the past participle of confer.
When was CONFER - software - created?
CONFER - software - was created in 1975.
What does Love can confer integrity upon two very young people mean?
"Love can confer integrity upon two young people." suggests that love can help two people better understand the value of honesty and moral uprightness.
What is the noun of exclusive?
Exclusivity
