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10 June, 10:51

Ralston Purina advertises with the following slogan: "Your Pet, Our Passion-Premium Pet Food by Purina." The firm now offers high-quality, super-premium cat and dog food based on formulations that promote "life-stage nutrition."

This line is an example of:

A) rebranding.

B) trading up.

C) trading down.

D) trend setting.

E) product branding.

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Answers (1)
  1. 10 June, 12:07
    0
    Trading up

    Explanation:

    Trading up can be referred to as adding to the existing features of a product. It involves improving on the quality of the product.

    Trading up can also be described as the enhancement of a product so as to bring about an increase in price.

    Ralston Purina firm practices the trading up method by offering high-quality, super-premium cat and dog to justify an increase in price.
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