Describe the factors that contribute to the growing use of p
Describe the factors that contribute to the growing use of packaging as marketing tool.
Solution
1) self service:
A larger number of products are sold on a self service basis. An effective package must perform various tasks like attract attention, create customer confidence, and create loyalty.
2)Consumer affluence:
Packaging helps creating consumer affluence. Consumer affluence means a customer is ready to pay a little more price for a particular brand product because of its quality, trust, image etc.
3) company brand and image:
Packaging contributes to create a brand or image of the company. It contributes to instant recognizition of companies product.
4) Innovation opportunity;
A good packaging can bring great opportunity to the company. It can help increase producers profit. Can provide easy handling to customer and open up gate for many other opportunity.
Please comment for amy query and dont forget to give a thumbs up.
