Accurate description of the market for digital cameras

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Reference no: EM131414632

Which of the following is not an accurate description of the market for digital cameras?

a. Local camera shops account for the biggest share of multi-featured camera sales, with online retailers second, multi-store retail chains account for the biggest share of entry-level digital camera sales.

b. Retailers typically stock several brands of digital cameras.

c. Shoppers for multi-featured cameras are much more price sensitive than are the buyers of entry-level cameras.

d. Camera buyers are very knowledgeable about digital cameras; many do internet research to educate themselves about features, performance and prices of competing brands.

e. There are about 50,000 retailers worldwide, most of which are local shops.

Reference no: EM131414632

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