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Business, 06.10.2019 09:20 BossKnight

If a specific market segment is being lost to lower-priced rivals and price-sensitive customers are unresponsive to arguments of higher quality, a firm might choose to introduce a new brand at a lower-price point rather than lower the price and quality perceptions of its premium quality brands.

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If a specific market segment is being lost to lower-priced rivals and price-sensitive customers are...
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