Examlex

Solved

Discuss the Difference Between a Comparative Ad and a Non-Comparative

question 35

Essay

Discuss the difference between a comparative ad and a non-comparative ad.Additionally, discuss how the small and big players in the market use a comparative ad.


Definitions:

Skimming Pricing

A pricing strategy involving setting high prices initially and then gradually lowering them to make the product available to a broader market.

Penetration Pricing

A pricing strategy where the price of a new product is set lower than competitors to quickly gain market share.

Skimming Strategy

A pricing tactic that involves setting a high price for a new product to maximize profits from segments willing to pay more, before lowering the price over time.

Price Insensitivity

A condition where the demand for a product is unresponsive or less sensitive to changes in its price.

Related Questions