The strategy of trading down involves __________.
A) adding product features but using lower quality product materials
B) reducing product features and but using higher quality product materials or ingredients
C) reducing the number of features,quality,or price of a product
D) seeking a less price-sensitive target market
E) changing to a mass merchandiser retailer like Walmart or Target
Correct Answer:
Verified
Q182: Changing the place a product occupies in
Q202: Trading down refers to _ when repositioning
Q206: Johnson & Johnson effectively _ St. Joseph
Q217: If Proctor and Gamble (P&G)were to package
Q217: Reducing the package content without changing package
Q218: All of the following are market modification
Q220: All of the following are factors triggering
Q222: An aging baby boomer population has led
Q224: Trading up refers to _.
A)adding product features
Q225: Proctor and Gamble repositioned its Old Spice
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