CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEnterprise Marketing3 Marks
Question
Why is direct selling preferred for a monopolistic market?
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Answer
Direct selling is preferred in monopolistic competition due to following reasons:
More number of competitors: As the number of competitors are more therefore, direct selling mode is convenient method for reaching the consumers easily and quickly.
Views: Customers' views can be obtained easily. The feedback of customers can be used to make further changes in the product.
Convenience: It is convenient from the customers point of view. Delay in supply is avoided by using direct method.
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