Only 15 to 35 percent of consumers decide on a product using price as the number one factor.

Name: Only 15 to 35 percent of consumers decide on a product using price as the number one factor.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Studies have shown that while price is an important factor for many consumers, it is not always the most important factor when making a purchasing decision. Other factors like quality, brand reputation, and convenience can also be significant influencers.

Only 15 to 35 Percent of Consumers Decide on a Product