Which of the Following Is Typically a Reason to Buy

question 43

Multiple Choice

Which of the following is typically a reason to buy directly from the manufacturer instead of buying from a distributor?

• A) An economy of scale is more likely to be achieved by buying directly from a manufacturer
• B) Commissions paid to brokers can be eliminate by buying directly from a manufacturer
• C) Special services are more likely to be provided by a manufacturer
• D) Technical advice is more likely to be provided by a manufacturer
• E) Credit is more likely to be provided by a manufacturer

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Definitions:

Customer Demographics

The statistical characteristics of a business's customers, including age, gender, income level, education, and other factors useful for market segmentation and targeting.

Psychographics

Psychographics pertain to the study of consumer behavior based on psychological traits, lifestyle choices, and personal values to inform marketing strategies.

Market

A place where people can sell goods and services (the supply) to people who wish to buy those goods and services (the demand).

Customer Mapping Process

A strategic approach to understanding the journey of the customer with a business, from initial awareness to post-purchase interactions, aiming to improve customer experience.