Examlex
________ is the step in the selling process when the salesperson tells the product 'story' to the buyer,showing how the company's offer solves the customer's problems.
Consumer Surplus
The gap between the amount consumers are prepared to spend on a good or service and the actual price they pay, signifying consumers' advantage.
Refrigerator
An appliance used to keep food and drinks cool and preserved by maintaining a temperature below the ambient level.
Price Sensitivity
The degree to which the demand for a product or service is affected by changes in its price, illustrating consumer response to price adjustments.
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