How will you justify the product cost to the prospect?
Answers were Sorted based on User's Feedback
Answer / tanvi kochar
its important to understand the question first
It is how we are going to convince our customers about the price of the product that we are selling
it is quite clear that a high price i associated to products that are either high in terms of their quality or are associated with luxury.
so if we want to convince our customers as to why we have priced the product as high as ours .. we will do it by attaching some emotional and status points with the product
like for eg: Our product is among the Top most brands which will enahnce your image in the society
the brand promises a high quality and alo gives you certain guarantees which you won't get with any other brand
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / muralikrishna.kommineni
ever business man wants the prospect,but it is depend on
the product cost.because some time the sales of product is
effected by the product cost.if the product cost is high
the sales of the product is decreased.some times it is
propotinal to the cost.some times it is indirect propotinal
to thecost.
Is This Answer Correct ? | 0 Yes | 3 No |
which things are attracted by you in event management ?
1. Discuss the acceptance of Corporate Social Responsibility in business by Indian companies in recent years. Justify your answer by giving present practices. 2. Examine the role of money, as a significant motivator, in the present inflationary conditions. 3. Co-ordination should be an individual responsibility rather than the other insisting the co- ordination. Justify your answer. 4. Under what circumstances Centralisation and Decentralisation of authority is desirable – discuss? Discuss your views with respect to hospitality industry. 1. What is the difference between Traditional Marketing and Modern Marketing? Give some examples of those companies which are doing Business in India more than 50 years and how they changed from traditional marketing to modern marketing. 2. Explain the Sales Promotion in marketing and also how HLL and P&G are doing their promotion of products in India with suitable examples. 3. Take atleast 10 FMCG companies in India and analyse how they are doing ethics in marketing in various segments. 4. What is the meaning of trade mark and patent rights in Govt. of India and how it is helpful in marketing management? Explain with suitable products.
1 Answers Coffee Day, Emballage, Fab Distributors, Idea, TATA,
i m pursuing MBA in marketing,i wanna to know which type of job i can get in pharma sector after complition of my MBA.
What Will Be the Impact of AOL and Yahoo!'s Use of Goodmail on Email Marketing?
How do you evaluate your performance and per day outcome in daily routine?
Which brand insulating oil tester is the best
Difference between marketing and sales
What do you feel you need to develop in terms of skill & knowledge in order to be ready for that opportunity?
How to show in front of customer that my product is best then other
HOW YOU DIFFERENT FROM OTHERS ??? (WHOEVER COME WITH YOU)??
5 Answers Orbit Corporation, TATA,
List your key accomplishments.
you have spotted an excellent window location in a store. When you spoke to the owner, he quoted a very high price, which was beyond your budget. What would you do to convince the retailer of the genuineness as well as limit that you can pay