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The merchandise lifetime cycle (PLC) is a Resource utilized by marketing managers to gauge the progress of an item, Specially regarding sales or earnings accrued as time passes. The PLC is based on a few essential assumptions, together with:Positioning concerns the way to posture a product while in the minds of consumers and inform what attributes
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Marketing refers to all functions an organization does to advertise and sell merchandise or services to shoppers.Viewers segmentation makes it possible for you to communicate properly by focusing on particular consumer teams with customized messages. Gather customer feedback and sentiment: Though data is very important, customer feed-back provides
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