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Marketers Are Often Surprised That the Poor Reject Products That

question 6

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Marketers are often surprised that the poor reject products that have been made cheaper for their benefit.What explains the failure of P&G and other firms,such as L'Oréal when both used a strategy of "diluting"?


Definitions:

Institutionalized Patients

Individuals who live in a healthcare or rehabilitative institution for extended care or treatment.

Token Economy

A behavioral intervention system where tokens are given as rewards for desired behaviors, which can later be exchanged for privileges or items.

Reinforcer

In psychology, any event that strengthens or increases the likelihood of a behavior by providing a consequence an individual finds rewarding.

Token Economy

Token Economy is a behavior modification system that utilizes tokens as a form of positive reinforcement for desired behaviors, which can later be exchanged for rewards.

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