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A retail chain that sells consumer electronics is developing a website in-house to sell its products online. The company has finalized the name, appearance, and purpose of the website. What is the next step in the website development process?
Population Size
The total number of individuals within a defined boundary or group that can potentially be surveyed or studied.
Mass Marketing
A marketing strategy that targets a large audience with a general message, aiming to reach as many people as possible through broad communication channels.
Commodity Goods
Basic goods used in commerce that are interchangeable with other goods of the same type, often used in economic analysis and trading.
Target Marketing
The process of identifying and communicating with specific segments of the market that are considered more likely to buy a particular product or service.
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