Economy, asked by rajmth6425, 10 months ago

3. Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (1-6 sentences. 3.0 points)

Answers

Answered by lovingheart
11

The non price competition strategies that helps in convincing the customers include sales promotion, advertising, and free gifts to the customers.

Explanation:

  • Sales promotion is a technique in which sales representatives of the company directly meets the customers and explains about the product.
  • Advertising technique which involves the publication of product brand.
  • Assuring free gifts to the customers while purchasing the products so that they will be eager in buying the gifts.

To know more:

1) Role of consumer in the market​?

https://brainly.in/question/9207976.

2) What is the importance of market ?

https://brainly.in/question/2699983

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