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One part of Darwin's theory is that individuals with certain traits have an increased competitive edge. The source of these traits in individuals is due to
Product Life Cycle
The lifecycle of a product, which includes its introduction, growth phase, maturity stage, and eventual decline in the marketplace.
Penetration Pricing
A pricing strategy where a product is set at a low initial price to rapidly gain market share by attracting a large number of buyers.
Repeat Purchasers
Individuals or entities that buy products or services from the same company multiple times.
Product Proliferation
The process by which a company increases the variety of products it offers in a specific market to satisfy different consumer needs and compete effectively.
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