An example of nonprice competition that is faced in some markets is:
A)retailer sales.
B)discounts.
C)coupons.
D)advertising.
E)cents-off deals.

Question

Quizplus · Accepted Answer

Nonprice competition involves strategies that companies use to attract customers that do not involve lowering prices. Advertising is a key example of nonprice competition, as it focuses on promoting the brand, product quality, and unique features to differentiate from competitors, rather than competing on price.

An Example of Nonprice Competition That Is Faced in Some