What is meant by non-price competition?, give examples

What is meant by non-price competition?, give examples

Non-price competition is a competitive strategy to attract customers and increasing sales by methods other than adjusting (lowering) prices.

(ii)  Give three forms of non-price competition in your country

  • Persuasive advertisement
  • Product differentiation
  • After sale service
  • Offering gifts
  • Sponsoring sport events
  • Stocking a large varieties of goods and substitutes
  • Offering free samples
  • Improve quality of goods
  • Use of appealing slogans, trade names and brand
  • Provision of credit, instalment selling
  • Organizing raffles, draws and consumer games
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