Examlex
If an organism only had three types of olfactory receptor neurons (ORNs),how many different odors could it distinguish? (Assume each ORN can have only one level of activation;either it is active or inactive).
Consumer Journey
The complete experience a customer goes through when interacting with a brand or product, from awareness to purchase and beyond.
Promotional Element
A component of the marketing mix that involves activities to increase awareness, interest, and sales of a product or service, such as advertising, sales promotions, and public relations.
Product Life Cycle
Describes the stages a product goes through from when it is first introduced into the market until it declines or is removed from the market; the stages include introduction, growth, maturity, and decline.
Promotional Mix
The blend of different marketing strategies and tactics – such as advertising, public relations, personal selling, and sales promotion – used to reach the target audience, create awareness, and generate sales or achieve marketing objectives.
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