Phil has observed that today's car buyers are more knowledgeable than car buyers in the past, primarily due to the Internet

Such car buyers gather information on all aspects of a car, from the manufacturing process to service contracts, and they respond best to a value-added selling strategy. What adviceshould Phil most likely give to his sales team when they are faced with such knowledgeable buyers?
A) Drop the price significantly under the list price.
B) Create rapport with the buyer to build instant customer loyalty.
C) Tailor the product to the buyer's needs and provide superior service.
D) Augment the product by adding extra features for only a minimal fee.
E) Appeal to the buyer's sense of style and luxury through differentiation.


C

Business

You might also like to view...

Pointing instead of telling a person how to find something is an example of which function?

a. conflicting b. substituting c. emphasizing d. repeating

Business

The FMV of an asset for gift or estate tax purposes is the same except for

A. patents. B. life insurance policies. C. land. D. marketable securities.

Business

The law that focuses on the protection of trademarks and brand names is the

A. Magnuson-Moss Act. B. Federal Mass Product Act. C. Uniform Product Code Act. D. Lanham Act. E. Federal Fair Packaging and Labeling Act.

Business

The default transaction isolation level in MySQL is REPEATABLE READ

Indicate whether the statement is true or false

Business