Underpromising Is an Effective Way to Generate a Large Base

question 8

True/False

Underpromising is an effective way to generate a large base of highly satisfied customers because it often results in consumers getting more from a product than they were led to expect.

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Definitions:

Consumer Trends

Patterns or movements observed in consumers' buying behavior over time, reflecting changes in preferences or social dynamics.

Codes Of Ethics

Written guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards.

Cultural Values

The core principles and ideals upon which an entire community exists; these values profoundly influence people's behavior and perceptions.

Sharing Economy

An economic model defined by the sharing of resources and services, often facilitated by community-based online platforms, to reduce waste and increase efficiency.