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How is customer response to a new product identified in marketing research?
Identify customer response to a new product:
This is also known as product testing. Marketing research is frequently used to know the thought of the customer concerning the satisfaction specified by a new product. It helps into knowing the needed improvements into quality, distribution method, size, design, packing, etc.
What are the characteristics of competitive product in Growth Stage? Competitive product, launched through more powerful type, can enter the market into Growth Stage. Several c
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