This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Based upon the characteristics of the American consumers, why are both the productivity and ... (Read 288 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Sep 11, 2018
Based upon the characteristics of the American consumers, why are both the productivity and experiential loop effective?
 
  What will be an ideal response?

Question 2

Explain the differences in the experiential and productivity loops and give examples of retailers who practice each.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Sep 11, 2018
Answer to Question 1

The American consumer is interested in both saving money on some occasions while seeking new and different experiences on other occasions.

Answer to Question 2

The experiential loop focuses on atmospherics to improve the experience to increase sales, whereas the productivity loop focuses on superior execution to lower prices to increase sales. Walmart and Target use the productivity loop, whereas Whole Foods and United use the experiential loop.


MirandaLo

  • Member
  • Posts: 538
Reply 2 on: Sep 11, 2018
Excellent

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

The American clipper ship, Red Jacket, off Cape Horn, sails from Australia to Liverpool, England, in The American clipper ship, Red Jacket, off Cape Horn, sails from Australia to Liverpool, England, in
U.S. Output and Productivity Growth, 1870–2007 U.S. Output and Productivity Growth, 1870–2007
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
The Kinsey Report on American Women The Kinsey Report on American Women
Foundations of American Education: Becoming Effective Teachers in Challenging Times Foundations of American Education: Becoming Effective Teachers in Challenging Times
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Video: Coronary Heart Disease Animation

For a complete list of videos, visit our video library