How will you justify the product cost to the prospect?
Answers were Sorted based on User's Feedback
Answer / tanvi kochar
its important to understand the question first
It is how we are going to convince our customers about the price of the product that we are selling
it is quite clear that a high price i associated to products that are either high in terms of their quality or are associated with luxury.
so if we want to convince our customers as to why we have priced the product as high as ours .. we will do it by attaching some emotional and status points with the product
like for eg: Our product is among the Top most brands which will enahnce your image in the society
the brand promises a high quality and alo gives you certain guarantees which you won't get with any other brand
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / muralikrishna.kommineni
ever business man wants the prospect,but it is depend on
the product cost.because some time the sales of product is
effected by the product cost.if the product cost is high
the sales of the product is decreased.some times it is
propotinal to the cost.some times it is indirect propotinal
to thecost.
Is This Answer Correct ? | 0 Yes | 3 No |
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