All categories

3 years ago

Describe some techniques that sellers use to differentiate their products.

Business

1 answer:

Alchen [17]3 years ago

6 0

Hello!

The term "differentiation" refers to what sellers do to make their products different, or stand out, from competing products.

A few forms of differentiation are through:

- Pricing (more expensive or less expensive than competitors)

- Form (size, shape, structure, etc.)

- Performance (performing better or more efficiently than competitors)

- Reliability (lasting longer than competing products)

For example, Tesla differentiates itself through offering appealing (stylish) electric cars that are energy-saving and more efficient than other electric vehicles. Pricing is also reasonable for what the company offers, but expensive relative to most common gas-powered cars.

I hope this helps you! Have a lovely day!

- Mal

You might be interested in

The value-added is:

kondor19780726 [428]

Answer:

The correct answer is letter "C": sales minus costs of intermediate goods.

Explanation:

Value Added is used to describe the extra something a company does to a product that makes it worth more than the cost of its underlying parts. For economists, value-added is the difference between the gross revenue for an industry (sales) and the sum of the labor, materials, and services (intermediate goods) purchased to produce the goods that generated the revenue.

8 0

3 years ago

Owen Company's unadjusted book balance at June 30 is $9,120. The company's bank statement reveals bank service charges of $50. T

Gala2k [10]

Answer:

$10,070

Explanation:

The true cash balance is the balance having considered the effect of the transactions that have happened but are yet to be captured in the books.

Reviewing the transactions,

bank service charges of $50 - This will be deducted from the book balance
Two credit memos are included in the bank statement: one for $940, which represents a collection that the bank made for Owen, and one for $60, which represents the amount of interest that Owen had earned on its interest-bearing account in June - Both will be added to the book balance

Hence the true cash balance

= $9,120 - $50 + $940 + $60

= $10,070

3 0

3 years ago

When the Federal Reserve decreases bank's reserves through an open-market operation: ____________

Sedbober [7]

Answer:

d. the monetary base decreases, loans decrease, and the money supply decreases.

Explanation:

In the case when the federal reserve reduce the reserve of the bank via open market operation so it would be resulted in decrease in the monetary base, reduction in the loan and the reduction in the money supply. Overall, all three things would be decrease

Therefore as per the given situation, the option d is correct

And the same would be relevant

8 0

2 years ago

Too much taxation an overuse of regulation leads to

Naddik [55]

Every things is to high

3 0

3 years ago

What aspect of an asset is the determining factor as to whether it should be protected, and at what level protection should be e

icang [17]

Answer:

Value

Explanation:

An asset can be tangible i.e physical e.g. buildings, cars, land, e.t.c. or intangible i.e. invisible , e.g. goodwill. The value of an asset is the importance an individual or an entity attached to an asset, it can be monetary or non-monetary. Individuals and corporate entities will want to protect their critical assets, examples of critical assets are assets which the survival of an entity depends, the decision regarding which asset to protect and the level of protection required depends on the critcality or otherwise of an asset.

5 0

3 years ago

Describe some techniques that sellers use to differentiate their products.​

Describe some techniques that sellers use to differentiate their products.