In a deflationary market, in order to win the trust of consumers, it is essential for a company to

Question

Quizplus · Accepted Answer

In a deflationary market, where prices are generally falling, keeping prices low and raising brand value can help a company win the trust of consumers. This approach makes products more attractive to price-sensitive customers and enhances the company's reputation for value, which is crucial in a market where consumers might delay purchases in anticipation of further price drops.

In a Deflationary Market, in Order to Win the Trust