Ask Question
BusinessBusiness
1 January, 08:05

Gear-up Inc., an apparel brand, differentiates its products by manufacturing jeans that last longer than those of other brands. The fabric is durable and does not wear out even after years of regular use. This attracts customers despite Gear-up's high prices. Which of the following elements of product differentiation is Gear-up primarily providing? Group of answer choices Aesthetics Quality Convenience Quantity

+2
Answers (1)
  1. 1 January, 08:31
    0
    Quality

    Explanation:

    Product differentiation is a marketing tool by which a firm attempts to differentiate its product from that of competitors and gain a competitive advantage over rivals.

    Product differentiation is important not only to increase the brand value but it also gives consumers a reason to choose this product over rivals and also repurchase it in the future, thus creating brand loyalty.

    The fact that the jeans can be used for many years without wearing out proves that the fabric and other raw materials used are of great quality. Hence, even though the price is high, customers see value in the product and would be willing to purchase it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Gear-up Inc., an apparel brand, differentiates its products by manufacturing jeans that last longer than those of other brands. The fabric ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Compute the payback period for each of these two separate investments: 1. A new operating system for an existing machine is expected to cost $520,000 and have a useful life of six years.
Answers (2)
Even if supply is strictlyâ limited, there is some price that will clear any market. A. True B. False
Answers (1)
Suppose you deposit $2 comma 0002,000 cash into your checking account. by how much will checking deposits in the banking system increase as a result when the required reserve ratio is 0.55 0?
Answers (1)
Identify the research question that involves an inference about a difference between two population means. 1. Is the average amount of financial aid received in a year by community college students greater than $2,600? 2.
Answers (1)
A company reported that its bonds with a par value of $50,000 and a carrying value of $63,500 are retired for $67,800 cash, resulting in a loss of $4,300. the amount to be reported under cash flows from financing activities is
Answers (1)
New Questions in Business
Assume a company's liquidity ratios all are less than 1.0 before it purchases inventory on credit. When it makes the purchase: a) Its current ratio decreases. b) Its quick ratio remains unchanged. c) Its quick ratio decreases.
Answers (1)
Stefan is an individual who has a high need for achievement. his boss has three jobs that need to be completed: one job is easy, one job is moderately difficult, and one job is extremely difficult.
Answers (1)
In 1979, in the face of rising competition in the fast food hamburger market, McDonald's reduced the price of its cheeseburger to $0.43. If the CPI in 1979 was 37.
Answers (1)
Earlier this year, a client of yours wrote a letter to the firm, requesting that his mail be held for 2 months, which your firm did. Later in the year, the customer writes another letter, asking that the mail be held for another 3 months.
Answers (1)
All banks offer the following service a. on-line checking b. person to person tellers c. phone checking d. deposits and withdrawals
Answers (2)
Home » Business » Gear-up Inc., an apparel brand, differentiates its products by manufacturing jeans that last longer than those of other brands. The fabric is durable and does not wear out even after years of regular use.
Sign Up Forgot Password?