MARKETING
MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 6, Problem 5CCS
Summary Introduction

Case summary:

The product G and product E are competing each other to providing various smart home devices. The product G is more advanced in web browsing and providing better play back options. According to a research the Product G is far better than Product E in case of considering users requests.

In case of people uses homes to control appliances the Product is E is more useful. The product E produced by the company A is more successful in case of ecommerce. The huge customer perceptions maintained by the company A helps to power product E more. It also provides better facility to search and purchase accurate products.

The product E dominate the 70 percent of market share. The product E cost about $180 and product G cost is $130. Eventhough Company A released the cheapest version of product E its cost only $50 and selling at a special price of 35 on prime day. Which leads to top selling product on that day. In response company G cut the cost of product G to $100.

Then one other tech company P introduced smart speaker home device along with the functions of product G and product E. The company P especially focused on music and sound quality and its costs $349.

To discuss: About experience of post purchase cognitive dissonance any of these products and sellers action to resolve it.

Blurred answer
Students have asked these similar questions
What is a  survey of buyer intentions?
(1) Are there any products or brands you are so loyalto that you will purchase them at almost any price?Will you accept less expensive substitutes? (2) Haveyou ever purchased something simply because it wason sale? Why or why not?
What steps should you make after you make a purchase?
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Text book image
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning