Question

The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of a(n):

Answer 1

Answer:

Product advantage.

Explanation:

The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of a product advantage.

Product advantage can be defined as the attributes or characteristics of a particular product, which differentiates or gives it a competitive edge over other products that is being manufactured by an organization.

Hence, it refers to the ability of a particular product to do well in the market as a result of it being sought by the consumers.