Which Method of Adding Value to a Product Is Purely

question 22

Multiple Choice

Which method of adding value to a product is purely psychological?

• A)Branding
• B)Reliability
• C)Features
• D)Availability
• E)Durability

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Definitions:

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period.

FAB

An acronym for Features, Advantages, and Benefits, a sales strategy that focuses on explaining a product's characteristics and the positive outcomes of using it.

Marketing Plan

A comprehensive document or strategy detailing the actions a company will undertake to promote and sell its products or services.

Gourmet Cookware

High-quality, often luxurious cooking tools and equipment designed for sophisticated culinary applications.