What Is Price

question 61

Essay

What is price?

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Definitions:

Problem-solution

A method of structuring sales presentations or marketing communications by identifying a problem and proposing a solution that addresses it.

Follow-up Activities

Actions taken after an initial meeting or sale, aiming to maintain customer engagement and satisfaction, often leading to further sales opportunities.

Need-satisfaction

A sales approach focusing on identifying and meeting the specific needs of customers, ensuring they are satisfied with the products or services offered.

Industrial Products

Goods produced and used within industries, including machinery, materials, and equipment, intended for manufacturing or service provision.