Examlex
An ice bag is an example of
Repeat Buyers
Consumers who make multiple purchases from the same brand or vendor, demonstrating brand loyalty or satisfaction with the product or service.
Industry Wide Markets
Markets that span across an entire industry, affecting all organizations within that industry.
Low-Cost
Describes products or services offered at a price lower than the market average to attract cost-sensitive consumers.
Differentiation
Relates to distinguishing or creating differences between products, services, or organizational entities to create a competitive advantage.
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