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Unformatted text preview: Research results were presented showing that sales volume is about 14.6 times more responsive, on average, to changes in price than to changes in advertising. Data in this same section indicated that nondurable retail goods (versus durable retail goods) are relatively more responsive to price cuts than advertising increases. Create an explanation for this differential. 75 words Answer: I thought that it is due to this that non durable goods arent just expensive & also offer the customer some feelings, emotions, memories. The energy & time for me is I believe that non durable goods are much greater. For instance thinking about that when we are taking a trip somewhere. It makes sense to me that why it would be more durable verses the responsive goods. For the durable goods there are so many other alternatives. On the other hand for the non durable goods there are not so many. We should make decision on our experiences....
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This note was uploaded on 10/20/2011 for the course BUISNESS ab202 taught by Professor Millazzo during the Spring '11 term at Kaplan University.
- Spring '11