1. Innovation is the Key to Product Progress
... . For example, a university student in Dubai will be less mature in his buying behaviour as compared to a university student in the U.S.A. This is mainly due to how much you understand. A market where the consumer is highly learned, selling of products is more of a challenge to marketers, and so they have to give importance to innovation. The decision process of a learned person depends upon the ... or rejection of the products. New-product introductions are becoming more expensive, and the chances of product success are less than in previous years. Thus it is important to understand the...
- Word Count: 1350
- Approx Pages: 5
- Grade Level: High School