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 performing-poorly 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:
Verified
Q182: Changing the place a product occupies in
Q202: Trading down refers to _ when repositioning
Q217: Reducing the package content without changing package
Q220: All of the following are factors triggering
Q221: The strategy of trading down involves _.
A)adding
Q222: An aging baby boomer population has led
Q222: The term branding refers to
A)the licensing of
Q223: Which of the following barriers does downsizing
Q225: Proctor and Gamble repositioned its Old Spice
Q237: The stylized blue and white waves that
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