Multiple Choice
The strategy of trading down involves
A) adding product features but using lower quality product materials.
B) reducing product features and using lower quality product materials.
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 market discount distributor.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: What is multiproduct branding? What are its
Q57: Consumer advocates believe the practice of downsizing
Q58: A(n) _ product is one for which
Q59: A publicity tool frequently used by nonprofit
Q60: Although when they were first introduced, peel
Q61: Brand extensions require<br>A)manufacturing a product under a
Q63: A strategy of dropping a product from
Q64: When designing the product element of the
Q65: Ralston Purina advertises with the following
Q67: The range of Gatorade offerings from the