Compared to products, service marketing is more challenging because

2 answers:

7 0

<span>Service marketing is more challenging because the organization must appeal to customers by offering something intangible. Though it is never a good idea to underestimate or oversimplify the customer, it is my experience that customers are far more driven to exchange money for something tangible. In addition, services are traditionally seen as expensive, inconvenient, and often ill-timed. Some good examples are car repairs, extermination, etc.</span>

marta [7]3 years ago

3 0

It is more challenging for an organization to build something that offers services rather than products because of the satisfaction of customers being different when services are got instead of products. In other cases, customers most often preferred to do task themselves rather than allowing other organization do it for them. With this, it is more challenging for the organization to locate a strategic position for the business.

You might be interested in

The demand for ben & jerry's ice cream will likely be ________ the demand for dessert.

kotykmax [81]

The demand for ben & jerry's ice cream will likely be more price elastic than the demand for dessert.

<h3>What is the elasticity of Demand?</h3>

When all other conditions are equal, the elasticity of demand is a concept in economics that quantifies how responsive consumers are to shifts in the quantity desired as a result of a price adjustment. In other words, it demonstrates the number of things consumers are willing to buy as the cost of those products rises or falls.

By dividing the percentage change in quantity by the percentage change in price during a specific period, the elasticity of the demand formula is computed. It appears as follows:

Elasticity is defined as % change in quantity / % change in price.

The quantity demanded as a result of a percentage change in a product's price is hence the measure of demand elasticity. Demand can be elastic or inelastic depending on whether products' demand is more responsive to price fluctuations. When a product's demand is flexible, the desired quality is extremely responsive to price variations. When a product's demand is rigid, the desired quality does not adapt well to price variations.

Therefore, The demand for ben & jerry's ice cream will likely be more elastic than the demand for dessert.

For more information on the elasticity of demand, refer to the following link:

brainly.com/question/23301086

#SPJ4

7 0

2 years ago

It takes a total of 475 seconds for one technician to assemble one airrules smart phone, working alone. however, airrules manufa

maks197457 [2]

<span>Normally if one tecnician takes 475 seconds to assemble one air rule smartphone. Then it would take. 20 technicians X secs to do the same So It would take 20 tecnicians X secs = (20 * 475) / 1 = 9500 secs. I. e it takes 20 technicians 9500 secs to manufacture a smartphone. But airrules uses 20 technicians to manufacture the same phone in only 30 secs. So its efficiency would be: Number of secs it takes the 20 techician to manufacture the phone * efficiency = Normal of hours it would usually take 20 techician to manufacture the phone. So we have 30 * X = 9500 X = 9500/30 = 316.777. So they are 316.667 times as efficient.</span>

6 0

3 years ago

The United States began collecting federal income tax in which year?

Anna35 [415]

The US started collecting federal income tax in 1913

5 0

3 years ago

Read 2 more answers

A person is faced with undertaking these four activities on Monday – watch a movie, visit a

Iteru [2.4K]

The opposite cost i think.

4 0

3 years ago

Mike says, "The possibility that my house may burn isa pure risk for me, but if I buy insurance, it is a speculativerisk for the

PilotLPTM [1.2K]

Answer:

I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.

But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.

3 0

3 years ago