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Questions and Answers
Which approach allows a product to decline without changing the marketing strategy?
Which approach allows a product to decline without changing the marketing strategy?
- Phase-out approach
- Sell-out approach
- Run-out approach (correct)
- Discount approach
Which strategy involves gradually reducing the availability of a product?
Which strategy involves gradually reducing the availability of a product?
- Sell-out strategy
- Discount strategy
- Phase-out strategy
- Run-out strategy (correct)
What is the main advantage of using a run-out approach to product deletion?
What is the main advantage of using a run-out approach to product deletion?
- Increased sales
- Improved marketing strategy
- Maintained marketing strategy (correct)
- Reduced costs
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