How does Michael Porter define a substitute product? What are substitutes for Cash App's products and services?

Q: What factors commonly influence a person’s daily buying choices? Select one of these and explain how…

A: These are the factors which influence a person’s daily buying choices: The income of the consumer:…

Q: sense 2. Calculate the price elasticity of demand for the following products and state whether…

A: For question no. 2 we need not use the mid point formula. Simply point elaticity formula is…

Q: How is a pure premium calculated?

A: To determine how the pure premium is calculated.

Q: How do you keep emails from someone that have gone to the Junk Email folder from going there in the…

A: Here are the steps to follow to keep legitimate emails from going to spam (junk email)Step 1:…

Q: ow do you explain the expected utility for a company like Publix supermarket?

A: Expected utility is an idea in choice hypothesis and financial matters that measures a singular's…

Q: do it without using tables

A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: Why are celebrities endorsed brands more expensive?

A: The company’s sales and market share of branded items will be increased with the help of celebrity…

Q: Read the article from the New York Times in the box below, and then answer the questions that…

A: The free market is a supply and demand-based economic structure, with little or no government…

Q: Jayden's grandmother gives him $240$⁢240 each month, which he spends on pizzas and burgers. Usually,…

A:

Q: My homework help What happens in the market for beach towels now that the season is over. Graph and…

A: Demand basically refers to the quantity of goods or services that a consumer is willing and able to…

Q: What are some of the benefits of segmentation within a company?

A: Company segmentation is the process where a company divides their current market into quadrants,…

Q: what is the title of coloum f and what does it mean?

A: Future worth is the value of an asset at a particular date. It computes the nominal future sum of…

Product and Price Bundling

Product and price bundling is used as a marketing strategy by businesses, where complementary products and services are combined and sold as a package deal. This bundled price is usually less than the total price of the individual products if they were to be sold separately. When bundled and sold, each product is sold at a reduced price. Using a price bundling strategy helps increase the average revenue per user and also increases the engagement with the user. This happens as the perceived value of the bundled products is more than the individual products.