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Which Is More Dominated by Search and Experience Qualities-Goods or Services

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Essay

Which is more dominated by search and experience qualities-goods or services? Which is more dominated by experience and credence qualities? What are the marketing implications due to these differences?


Definitions:

Quantity Discounts

Price reductions based on the volume or amount of product purchased, incentivizing bulk buying.

Trade Discounts

A reduction in the listed price of a product or service offered by sellers to buyers engaged in trade or commerce.

Marketing Activities

Actions or tasks related to promoting and selling products or services, including advertising, product development, and market research.

Trade Discounts

A reduction in price given by a supplier or manufacturer to a buyer based on the quantity of product purchased or the immediate payment of goods.

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