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Many Products Are Promoted by Emphasizing Their Key Benefits, Rather

question 129

Multiple Choice

Many products are promoted by emphasizing their key benefits, rather than setting the price lower than that of competitive goods. This emphasis on the product's benefits illustrates a(n) ________ strategy.

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Definitions:

Purchase Decision Process

The five stages a buyer passes through in making choices about which products and services to buy; includes problem recognition, information search, alternative evaluation, purchase decision, and postpurchase behavior.

Buyer

An individual or organization that purchases goods or services for personal use or for further processing or for resale.

Services

Intangible offerings provided by businesses or individuals that involve a performance or action to satisfy the needs of a customer or client.

Consumer Behavior

The study of how individuals select, purchase, use, and dispose of goods and services, influenced by various personal and environmental factors.

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