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STALIN [3.7K]
1 year ago
8

insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is a(n) ________blan

k that consumers don’t normally think about much.
Business
1 answer:
Semenov [28]1 year ago
7 0

Insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is an unsought product that consumers don't normally think about much.

<h3>What are unsought products?</h3>

Although a buyer may feel pressured into purchasing a product they do not want, unsought commodities are frequently bought under certain circumstances, so a marketing strategy that harasses consumers into purchasing the product will be seen as immoral. A notable example of an unasked-for good is funeral services.

Unsought goods are those that consumers are unaware of or hardly ever think about purchasing and whose acquisition is motivated by a combination of risk or worry about harm and lack of desire. Examples of well-known but unpopular things are funeral services, encyclopedias, fire extinguishers, and reference books.

To learn more about unsought product, visit:

brainly.com/question/15124028

#SPJ1

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