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Differentiated Products

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Choose a product or service that you use or consume regularly because you value some of its attributes more than the attributes offered by competing products, i.e., because it is different in a way that is important to you. Based on this choice, briefly answer the following:

-What are the main attributes you value in this product?

-How is it that the attribute(s) you mention affect your willingness to pay (WTP) for the product?

-If some of those attributes were missing, how would that affect your WTP? Would you buy something else instead? Why or why not? Introduce/mention a comparison product to refine your answer.

I am not interested in pretend products, so you must take a picture or screenshot of the product or service you choose and paste it into your answer. This needs to be your actual picture/screenshot, not a generic one you download from the internet.

The post Differentiated Products first appeared on Best Assignment Doers.

The post Differentiated Products appeared first on Best Assignment Doers.

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