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3 votes
Recheck purchasing price/ mark-up
Explain to the customer
Offer generic alternatives

1 Answer

2 votes

Final answer:

A seller can reassure a buyer facing imperfect information by providing detailed product information, offering warranties, and sharing customer reviews.

Step-by-step explanation:

When a buyer faces imperfect information, a seller can reassure them by:

  1. Providing detailed product information and specifications to address any uncertainties the buyer may have.
  2. Offering warranties or guarantees to instill confidence in the buyer that the product will meet their expectations.
  3. Providing customer reviews and testimonials to show positive experiences from previous buyers.

These strategies help alleviate the buyer's concerns and provide reassurance when making a purchasing decision.

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