Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

Consumers favor products that offer the most quality, performance, and innovative features

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asked Jun 24, 2019 in Business Studies by Prabhakar (74.2k points)

The _______ concept holds that consumers will favour products that oer the most in quality, performance and innovative features. 

a. Marketing 

b. Production 

c. Product 

d. Selling 

  • marketing

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answered Jun 24, 2019 by Aarush (69.9k points)
selected Jun 24, 2019 by faiz

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The Product concept holds that consumers will favour products that oer the most in quality, performance and innovative features. 

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Customer’s evaluation of the dierence between all the benets and all the costs of a marketing oer relative to those

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“How are you telling consumers in your target group about your product” This question belongs to which marketing concept?

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Company can create successful new products by a. Understanding consumers, markets, & competitors

asked Jun 24, 2019 in Business Studies by Prabhakar (74.2k points)

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Re marketing is related with creating demand for ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. a. Fresh products b. Low quality products

asked Jun 24, 2019 in Business Studies by Prabhakar (74.2k points)

  • marketing

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….…is establishment of certain standards or speci cations for products.” It may involve Quality (color, taste,

asked Jun 24, 2019 in Business Studies by Prabhakar (74.2k points)

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Which concept holds that consumers will favor those products that offer the most quality innovative features?

The Product Concept. This orientation holds that consumers will favor those products that offer the most quality, performance, or innovative features. Managers focusing on this concept concentrate on making superior products and improving them over time.

Which holds that consumers will Favour products that are available and highly affordable?

The Product concept holds that consumers will favour products that oer the most in quality performance and innovative features.

What are the 5 marketing concepts?

The five main marketing concepts are production, product, selling, marketing, and societal. Companies utilize these five concepts in regards to the product, price, distribution, and promotion of their business.

What is product concept in marketing?

The product concept is based on the philosophy that customers will prefer products that offer quality, performance, or innovation-related features and aims at producing creative and innovative products that are new or improved versions of existing products.