Examlex
Most customers expect salespeople to be knowledgeable about the products they are selling.
Create Value
The process of enhancing a product or service's worth by improving its appeal to customers, thereby increasing its market value or consumer demand.
Demand Curve
Shows how many units of a product or service consumers will demand during a specific period at different prices.
Prestige Products
Goods that are considered luxury items and signify a status symbol to consumers.
Higher Prices
Charging more for goods or services, often due to increased demand, higher costs of production, or added value.
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