Products that are bought after comparing price, suitability, quality, and style are called _____ products. Group of answer choices shopping specialty sought generic comparative

Q: Which one of the following is the reason for inelastic consumers that the retailers should consider…

A: Market Demand refers to the quantity of goods that consumers of a particular market are willing to…

Q: Differentiate between product line and product mix with the help of examples

A: The product mix is also known as product assortment, refers to the total number of product orders a…

Q: A retail marketing decision that includes the wide selection of brands, sizes, and designs of goods…

A: ANSWER IS AS BELOW:

Q: When diverse products belonging to same category are manufactured by a company but have different…

A: The branding is the process where the companies give an identity to the product through a symbol,…

Q: Karim is buying a very expensive car from Ferrari; he drove two hours to get to the store and wasn't…

A: Karim is buying a very expensive car and for that car he drove for two hours to get to the store.…

Q: Explain the concept of a Category Captain within a Retail context

A: Operations management is an area of management dealing with production, storage and delivery of…

Q: All of the following are examples of differentiated products EXCEPT   Mont Blanc pens.…

A: In product differentiation, the company tries to showcase their products as different from others to…

Q: Specialty products require a lot of advertising, personal selling, and other marketing efforts…

A: The business function through selling variety of products to its customers either in tangible or…

Q: Premium products are most likely to be sold in market stalls. B. Luxury products are most likely to…

A: Premium products and luxury products have their own locations and people visit this locations to buy…

Q: one offer. ignored segment differences and target the whole market concentrated marketing O…

A: Disclaimer: since you have posted multiple questions we will solve the first question for you. If…

Q: Which of these can be the most effective in building brand image, listing details about retail…

A: Building a strong brand image, providing details about retail locations, and educating customers…

Q: Which term refers to the offering at the heart of an organization's marketing program?

A: the heart of an organization's marketing program is-

Q: A brand of soap offers both bar soaps and liquid soaps. Will these be classified as being under the…

A: A product line is a company's one-of-a-kind product category or brand. It may be thought of as a…

Q: What is recommendation of general merchandise?

A: Merchandising is the process of promotion of goods and services that are available for retail sale.…

Q: What is average product ? Explain with appropriate example ?

A: In the production process, output is produced by utilising factors of production; which are; land,…

Q: 1- Identify from the following options the factor that forces the producers and the retailers to…

A: Business constantly strive the best and relevant products and services to their customers for better…

Q: example

A: Talking about the product life cycle then, it is the phases that every product goes into after…

Q: includes buyer's characteristics and buyer's decision process www line extension | factory…

A: A buyer's behavior is a set of different expectations and reactions he or she emits when purchasing…

Q: What important features distinguish shopping products fromone another?

A: Consumer products, also known as final goods, are items purchased by consumers for personal…

Q: Which of the following is NOT a category killer retailer?   a. Costco   b. Lowes Home…

A: The answer is "a. Costco."

Q: what is Conceptual Definition  Repeat Purchase for food customers ?

A: A loyal customer can give repeated business. Customers appreciate being handled with respect. If…

Q: Consumers usually buy a _____ only after comparing several brands or stores on style, practicality,…

A: Consumers have a wide range of options in the current marketplace when it comes to making purchases.…

Q: Create a narrative report about customers needs and wants, techniques in identifying customers needs…

A: Building relations with customers are considered to be very important for the stability of every…

Q: Define the following terms. Tourism Product  Actual Demand  Customer Value

A: Marketing has become a vast sector. There are a number of offerings that an organization is giving…

Q: How would you respond to a stockout of yourpreferred brand (or model) of the following?What factors…

A: Since you have asked for multiple sub parts, we will solve the first three sub parts for you. To get…

Q: Are Nature Valley granola bars and Eddie Bauer hiking boots convenience, shopping, specialty, or…

A: Value Proposition is the solution offered by the company on the customer's problem. It can be in…

Q: Give examples of fear and shock campaigns used by brands  against fast fashion

A: Fast fashion is a word used to describe the dress business strategy of copying late catwalk patterns…

Q: This type of brand that may be a business that provides good and services. It may also be closely…

A: Individual branding can be defined as a branding strategy where a company gives different brand…

Q: what is an analysis approach that attempts to determine the impact of different factors (price,…

A: Consumers are individuals or groups who do not actively engage in entrepreneurial or business…

Product and Service Innovation

Product innovation is the introduction of either a new product or an existing product with significant improvements related to its characteristics. Improvements could be in various specifications and areas such as technical, technological, physical use, software updates, overall size and texture, and so on. For instance, consider the Apple Watch; they release different series every year with significant updates and improvements such as using cellular technology, monitoring your heart rate, acting as your fitness partner, measuring blood oxygen level, and so on. We see the addition of features in every series, and these improvements make them a different product altogether.