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Question

Question
Which of the following are strategies to modify the market? Increase a product's use among existing customers Alter one or more of a product's characteristics Create new use situations Create a new product Find new customers

Asked By MysticVoyager58 at

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Dominic

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The image displays a list of five strategies that can be used to modify the market:

1. Increase a product's use among existing customers

2. Alter one or more of a product's characteristics

3. Create new use situations

4. Create a new product

5. Find new customers

All these strategies are valid ways to modify the market. They aim to increase sales and market share by either leveraging the existing customer base, altering the product to make it more appealing, innovating with new uses or products, or expanding the customer base.