Which principle is demonstrated when a product is advertised as the "top-selling" item? Authority Reciprocation Scarcity Social Validation
Question
Which principle is demonstrated when a product is advertised as the "top-selling" item?
Authority
Reciprocation
Scarcity
Social Validation
Solution
The principle demonstrated when a product is advertised as the "top-selling" item is Social Validation. This principle is based on the idea that people are more likely to engage in certain actions if they see others doing the same. In this case, if a product is advertised as the "top-selling" item, it suggests that many people are buying it, which could encourage others to do the same.
Similar Questions
Typically, who determines the product's or service's value in relationship to that of its close competitors?Multiple choice question.RetailersCustomersMarketersManufacturersSuppliers
At the most basic level, a brand serves to _____ a seller.ConvinceIdentifySelect
Which of the following is NOT a primary function of branding? Product identification Protection against competition Guarantee of quality Offer promotional discounts
Certain products may sell better if the company stands behind the product in case of defect or customer dissatisfaction. This total product offer factor falls under the category ofMultiple Choiceconveniencewarranty or guaranteeNone of the answers are correct.brand identificationcustomer service
If consumers make a purchase of a particular product, because they are familiar with the company that makes the product, then they are making the decision based on which characteristic?Multiple Choicewarrantybrand identificationhistory with the productsales price or promotionsconvenience
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.