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New Balance has no celebrity endorsers and does minimal advertising, yet the athletic shoe brand has 11 percent of the market. This 11 percent can be referred to as New Balance's:
Sense of Community
A feeling of belonging and mutual commitment among a group of individuals sharing common interests, values, or goals.
Face-to-Face Interaction
Direct communication between two or more persons in the same physical space, often considered the most effective form of interaction.
Problem-Solving Meeting
A gathering specifically organized to address and find solutions to particular issues or challenges.
Full Participation
Involvement of all members of a group in the activities and decision-making processes, ensuring active and equal contribution.
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