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Karam Limited is offering a travel package for 15 destinations worldwide with a free insurance on the bookings for the month of December, 2019. Identify the feature of marketing being described in the above lines.
Needs and wants
Creating a market offering
Customer value
Exchange mechanism
- The statement talks about a travel package with 15 destinations and free insurance during December 2019.
- Option 1: Needs and wants
This relates to understanding what customers require and desire.
- Option 2: Creating a market offering
This is about designing and providing a specific combination of products and services to satisfy needs and wants. The package (destinations + insurance) fits this best.
- Option 3: Customer value
This refers to the benefit a customer gets versus what they pay. Free insurance adds value, but the focus here is on the whole package offered.
- Option 4: Exchange mechanism
This is the act of buyer and seller trading something of value.
Option 2: Creating a market offering is the correct answer.
By: santosh ProfileResourcesReport error
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