which is more important price or quality?

Q: Identify where each of the following products likely lie on a traditional Product Life Cycle.…

A: Product life cycle refers to marketing concept which explains that every product that exists in the…

Q: Provide two examples, one using a good and one using a service, of marketing mixes that attempt to…

A: Maslow’s hierarchy of needs was developed by Abraham Maslow. The hierarchy have five categories.…

Q: Suppose you bought a mobile phone recently. (As customer you have some basic expectations from this…

A: A product is anything that can be offered to a customer to satisfy his or her need or want Whether…

Q: Based on their characteristics, business products can be classified into what categories?

A: There are four types of product classification — convenience goods, shopping goods, specialty…

Q: Define the product market precisely, such as ice cream

A: The product market is where the organic market of conclusive products connects with one another.…

Q: Discuss instances of food labels, denim, sports shoes that are able to offer customers different…

A: The value proposition is the solution offered by the company on the customer's problem. For this,…

Q: Please write a short note on "product concept" with two suitable examples. Please answer at your own…

A: Marketing includes the following activities like Distribution, Financing, Market research, Pricing,…

Q: Describe the different stages of product life cycle. Please identify a product of your choice and…

A: The product life cycle refers to a concept which studies the different stages which a product…

Q: Identify a business What is the product? What action is the business taking or planning to take?…

A: Below is the solution:-

Q: What are some constraints on the use of purchase quantity as a price-segmentation fence?

A: About price-segmentation fence concept - A price-segmentation fence refers to a hedge or criteria…

Q: “The cost of creating and maintaining a brand is more than offset by the benefits it provides to a…

A: Creating  a brand identity means giving the brand a personality through which people can relate…

Q: Describe the product life cycle. What are the strengths and limitations of this approach to…

A: The product life cycle is the process a product goes through from when it is first introduced into…

Q: Using a customer's perspective on the product as a basis for pricing

A: It is important for the companies to consider the prospective of the customers before pricing their…

Q: How should the organization differentiate its products? What are the product’s features, advantages,…

A: Consumer interest in one or more major features of a product or brand that makes it a better option…

Q: Pick a favorite product (it must be a thing, like a flux capacitor, not a food item). Discuss the…

A: My favorite product is the Tesla Model S, an electric luxury sedan. Let's discuss its enhanced…

Q: Discuss the market segmentation for customer market of a product and it's requirements?

A: Market segmentation helps to identify the target customers, and ways by which this can…

Q: Select 4 products in various stages of the product life cycle. Note what stage of the life cycle…

A: The product life cycle consists of the strategies that products go through in their entire life.…

Q: Some argue that 'product characteristics' or 'customer benefits' is the most useful positioning…

A: The positioning refers to a marketing strategy in which a company decides what points should it use…

Q: Describe a soft drink brand you are familiar with (Coca-Cola, Fanta Orange, 7Up, Mountain Dew, etc.)…

A: The meaning of product goes beyond the actual product itself. The product benefits the customer in…

Q: When the product is tailored to the consumer's wants and requirements, does it fare better?

A: Product tailoring refers to the process of customizing a product to meet the specific needs,…

Q: Identify where each of the following products likely lie on a traditional Product Life Cycle.…

A: Introduction;- Initiation, Development, Mature, and Regression are the 4 stages of the product ’s…

Q: How product mix strategies can be used to make product more effective in market? Elaborate your…

A: The product Mix refers to the combination of variety of products that a seller or brand sells under…

Q: Why is it that product lifecycle are declining and what might companies do to counteract this?

A: Similar to the lifecycle of a dwelling being, customer items merchandise undergo key degrees of…

Q: urgently soon soon please sir please i will provide you good rating Define brand equity and brand…

A: every company will create value for customers in terms of products and services. The higher this…

Q: what is market mix. why is it important when launching a new product from an exsisting company.…

A: Marketing refers to the activities involved in selling products and services. It includes…

Q: At what stage of the product life cycle is price competition likely to be the greatest?

A: The maturity stage has the most price competition. Once products are created, they are more…

Q: What is the opportunity for a lorry rental company? What is the Product Overview for a lorry rental…

A: In rental lorry company business is that running the transport system in the national for moving the…

Q: Quantity vs Quality: is there room for both in marketing? How The right mix of quality and quantity…

A: Ans. While making an attempt in imitation of reach outdoors to customers, a explicit understanding…

Q: The manager must first determine the type of relationship that exists among the various products in…

A: It is crucial for marketers to define the targeted audience. While introducing a new product in the…

Q: When it comes to building versus buying (a product off the shelf), what are the benefits to buying?…

A: Disclaimer: since you have asked question with multiple sub-parts we will solve the first three…

Q: For the McDonald’s Corporation can you define and identify one example of each of the items below?…

A: Cost classification is the process of categorising costs according to their characteristics. This…