Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

principles of marketing It has been widely known that marketers use fad products to boost sales. The fad products are typically characterized by a quick

principles of marketing

It has been widely known that marketers use "fad products" to boost sales. The "fad products" are typically characterized by a quick rise in popularity and sales within a limited period of time but then become no longer available or exit the market when they no longer satisfy consumer needs. Can you name a few of the "fad products"? Based on the content in Chapter 11 and 12, why can fad products become so popular within a very short period of time and exit the market rapidly afterwards?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

13th Edition

978-0073379616, 73379611, 978-0697789938

Students also viewed these Accounting questions

Question

Explain the various techniques of Management Development.

Answered: 1 week ago