Examlex
The need-satisfaction sales approach:
Traditional Marketplace
A physical space where buyers and sellers gather to exchange goods and services, often characterized by face-to-face transactions.
Tangible
describes physical objects that can be seen, touched, and measured, as opposed to intangible items like services or digital products.
Time Utility
The value added to products or services by making them available at the most opportune time.
Digital Marketspace
An online platform or environment where businesses and consumers can interact and conduct transactions electronically.
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