Asked by Samantha Stoner on Jun 06, 2024

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The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of a(n) :

A) product advantage.
B) segmentation variable.
C) product feature.
D) market property.
E) product benefit.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales within the industry.

Product Advantage

Product advantage refers to the unique benefits or value that a product offers over its competitors, making it more appealing to customers.

Segmentation Variable

Criteria or characteristics used to divide a market into distinct subsets, which can then be targeted by marketing strategies.

  • Recognize the differentiation between features, advantages, and benefits of a product.
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DG
Devin Goodwyn

Jun 09, 2024

Final Answer :
A
Explanation :
The statement highlights a product advantage by indicating that the laser printer has the highest sales in its market, which is a competitive edge or superiority over other products.