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Which of the following do marketers use to give consumers a special reason for them to purchase a product or servic
Marketers use VALS to understand the costumer's. The more consumers know about customers they can market products that appeal to the customers. Consumers use VALS so they can cut down on advertising because they already know what the customers wants and needs. Are you asking this for school? I hope not because this info is on line without having to ask someone else.
Price sensitivity is crucial for marketers as it helps them understand how changes in price can affect consumer behavior and demand for their products. By analyzing price sensitivity, marketers can optimize pricing strategies, segment their target audience, and enhance promotional efforts to maximize sales and profitability. Additionally, understanding price sensitivity allows marketers to identify opportunities for product differentiation and value proposition, ensuring they appeal to both price-conscious consumers and those willing to pay a premium. Overall, it informs strategic decision-making and competitive positioning in the market.
This is a statement and clearly for school.
Marketers are responsible for the injurious consumption of their products because they play a crucial role in shaping consumer perceptions and behaviors through advertising and promotion. By highlighting certain benefits while downplaying potential risks, marketers can influence consumers' decisions, sometimes leading to harmful outcomes. Additionally, ethical marketing practices require transparency about product risks, and failure to adhere to these principles can exacerbate issues related to consumer safety and well-being. Ultimately, marketers have a duty to balance profit motives with the responsibility of protecting consumers from harm.