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1 pts Question 8 What successful strategies should be used to market the self-driving Smart car at this stage of its PLC? O Offer a basic product; limited number of models. Distribution usually limited, depending on product; build selective distribution. Prices are usually high to recover high marketing, production, and development costs. Use promotion strategies that focus on developing product awareness and informing consumers about the product's potential benefits. O Offer numerous product versions. Eliminate all promotion. Phase out unprofitable outlets. Decrease prices. O Offer numerous product versions. Distribution usually limited, depending on product; build selective distribution. Match the price of competitors: price continues to fall. Use promotion strategies that focus on developing product awareness and informing consumers about the product's potential benefits. Offer a basic product; limited number of models. Distribution usually limited, depending on product; build selective distribution. Decrease prices to recover high marketing and development costs. Use promotion strategies that focus on developing product awareness.
Question 7 smart On my way The self-driving car is a product in the introductory O maturity O decline O growth stage of the product life cycle.