Examlex
Suppose that your cat has been classically conditioned to the sound of an electric can opener when you open a can of cat food.How would the cat respond when there is a great sale on dry cat food and for one month you don't use the can opener?
Merchandise
Products or goods that are bought, sold, or traded, often within the retail industry, to satisfy consumer needs and wants.
Channels
The pathways or routes through which goods and services flow from the producer to the consumer, including physical distribution and marketing channels.
Pricing
The process of determining the value at which a product or service will be sold to consumers.
Marketing Mix
Refers to the set of actions, or tactics, a company uses to promote its brand or product in the market, traditionally encompassed by the four Ps: Product, Price, Place, and Promotion.
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