risk reversal refers to\nremoving the risk of not getting paid by asking for a check up front\nremoving the…

risk reversal refers to\nremoving the risk of not getting paid by asking for a check up front\nremoving the clients risk by offering the inspection for free if the client is not happy\nremoving the risk to the agent by offering cookies at the agents office meetings\nplacing the risk on the agent by asking the agent to pay you instead of the client\nreversing the risk of losing business by taking an agent out to lunch\nquestion 7\nthe most effective way to establish your position in the minds of customers is to\nmake sure the benefits of your service are apparent\nhave a well defined value proposition\nfocus on mass marketing strategies\ndeliver on your promise\nhave a high quality brochure

risk reversal refers to\nremoving the risk of not getting paid by asking for a check up front\nremoving the clients risk by offering the inspection for free if the client is not happy\nremoving the risk to the agent by offering cookies at the agents office meetings\nplacing the risk on the agent by asking the agent to pay you instead of the client\nreversing the risk of losing business by taking an agent out to lunch\nquestion 7\nthe most effective way to establish your position in the minds of customers is to\nmake sure the benefits of your service are apparent\nhave a well defined value proposition\nfocus on mass marketing strategies\ndeliver on your promise\nhave a high quality brochure

Answer

Brief Explanations:

Risk reversal in business is about reducing the customer's perceived risk. Offering a free inspection if the client is not happy shifts the risk from the client to the business. For establishing a position in customers' minds, a well - defined value proposition clearly communicates the unique value a business offers, which is fundamental.

Answer:

  1. Removing the client's risk by offering the inspection for free if the client is not happy
  2. Have a well defined value proposition