Question

2) There is a broad array of products and services in the market. As a consumer, how do you choose among these market offering of goods and services? Give example. (25 marks)

Answer 1

There are some specific factors on what a consumer choose a product

1) First I will decide what product he should buy

2) Later will check what are the different companies or brands offering that product.

3)I will check for the reputation of the brand

4) Check the price of product in different brands

5) Check for reviews online on the product to know product performance

6) See for any quality of product from different brands

7) See if there are any sellers in the market who are offering at a reasonable price

8) If everything is there what I want than I will buy the product.