One Reason Why There Are Longer Selling Cycles Today Is

question 14

True/False

One reason why there are longer selling cycles today is because more people are becoming involved in many purchase decisions.

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Definitions:

Expensive

Having a high price or cost, often relative to the perceived value or quality of the item.

Shopping Products

Shopping products are items that consumers purchase less frequently and usually compare on attributes such as quality, price, and style before making a decision.

Product Differentiation

The approach of making a product or service stand out from the competition to enhance its appeal to a particular target audience.

Prestige

The respect and admiration that something or someone receives based on a perception of success or quality.