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Refer to the above graph. If the price is P₃, then the total revenue is represented by area
Marketing Strategy
Marketing strategy is a long-term approach outlining how a business will target potential customers and convert them into actual customers, integrating all marketing goals and policies.
Financial Projections
Estimates of a company's future financial performance, including income, revenues, expenses, and cash flow over a specified period.
Market Testing
The process of evaluating the potential success of a new product or service in a limited geographical area or group of people before a wider-scale launch.
Sneak Preview
An advanced viewing of a product or content before it is made available to the general public.
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