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Why do good products, pricing, and availability alone not ensure sales?

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Question

Why do good products, pricing, and availability alone not ensure sales?

Options

  • Customers prefer products that are poorly made

  • Good products are always priced too high for customers

  • Customers need information about the product and its benefits

  • Availability of products has no effect on customer decisions

MCQ
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Solution

Good products, pricing, and availability alone do not ensure sales because customers need information about the product and its benefits. Without this information, even a well-made, correctly priced, and easily available product will not attract buyers. Promotion fills this information gap.

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