Examlex

Solved

Explain the Difference Between Trading Up and Trading Down When

question 272

Essay

Explain the difference between trading up and trading down when repositioning a product.


Definitions:

Less Expensive

Refers to products or services offered at a lower price compared to other similar offerings, often aimed at attracting cost-conscious consumers.

Business Credit

The ability of a business to obtain goods, services, or money based on the trust that payment will be made in the future.

Related Questions