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Trading Up Refers to

Question 204

Multiple Choice

Trading up refers to


A) adding product features but reducing the price.
B) changing the distribution channel members to higher-service-quality retailers.
C) adding value to the product (or line) through additional features or higher-quality materials.
D) reallocating marketing resources from a poor-performing target market to one that demonstrates greater potential for future growth.
E) offering consumers a discount when they purchase a more expensive version of the product.

Correct Answer:

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