2. Peqceived Risks
Functional Risk
Will the product perform as I expect?
Physical Risk
Can the product hurt me or my
family?
Euroncap cerficate is a sign for safety
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3. Peqceived Risks
Social Risk
What will my peers think?
Psychological Risks
Am I doing the right thing? This will
be a strong motivator in car sales for
the environ-mentally concerned
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4. Peqceived Risks
Financial Risk
Can I afford the purchase? This is a
major problem for most people buying
car.
Temporal Risk
How much time and effort may I
expend to make this purchase? This
may be
the greatest perceived risk for the
plant and produce retailer to
overcome.
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5. Peqceived Risks
Sensory Risk
This risk refers to unwanted impact of any
of the five senses.
Smell of leather couches, non-smoking
cars for second hand, small indicators on
the car. (Volkswagen has purple light on
the indicators.)
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6. How can we handle
these qisks?
• Relying on a firm that has a good reputation
• Looking for quarantees & warranties
• Visiting service facilities
• Customization
• Visiting or use a trial before
• Compare service offerings and search for independent reviews/ratings
• Descriptive ads
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