Olivia has taken tap dancing lessons for several years. Rece…

Olivia has taken tap dancing lessons for several years. Recently, a new instructor has taken over the tap classes. After a few months, Olivia finds herself dreading the classes since they are no longer fun or challenging. What is the most likely reason for Olivia’s reaction?

Peer-to-peer payment (P2P) platforms like Venmo attempt to e…

Peer-to-peer payment (P2P) platforms like Venmo attempt to eliminate all the perceived negatives of traditional shared payments by allowing users to split bills and transfer funds between their Venmo accounts via a smartphone app. There are no fees for basic services, and personal notes can accompany each transaction. For P2P users, these benefits are referred to as

GEICO, unlike major competitors State Farm and Allstate, doe…

GEICO, unlike major competitors State Farm and Allstate, does not rely on an agent network. They utilize savings from this to both offer lower rates and invest more heavily in advertising spending. Their unique selling proposition is reflected in their familiar slogan “15 Minutes Could Save You 15% on Car Insurance.” Which element of their marketing mix is least impacted by their business model?