73.7k views
4 votes
Intangible product attributes includes a brand's overall reputation or mystique.True or False

1 Answer

6 votes

Final answer:

Intangible product attributes certainly include a brand's overall reputation or mystique, which are essential for product differentiation and can influence customer preferences through perceptions shaped by advertising and habituation.

Step-by-step explanation:

True, a brand's overall reputation or mystique are part of intangible product attributes that can significantly differentiate a product from its competitors. These attributes can also include promises such as a guarantee of satisfaction or money back, a reputation for high quality, and additional services like free delivery or offering a loan to facilitate the purchase of the product. Moreover, through strategic advertising efforts, companies can enhance these intangible attributes, shaping consumer preferences and brand perception, even when consumers are unable to differentiate products based on taste or functionality alone.

Social marketing strategies often employ symbols and branding to evoke emotional responses and trust among consumers. For example, the utilization of flagship species in environmental campaigns can generate a sense of pride and motivate behavior change in a target audience. By focusing on vivid, personal, and concrete communications, these campaigns capture attention and facilitate more effective persuasion toward desired behaviors.

User Sytolk
by
9.1k points