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Changing Needs
The evolution or variation in consumers' requirements or desires over time, influencing product development and marketing strategies.
Global Product Strategy
A framework for developing, marketing, and selling products in multiple countries with the aim of optimizing global performance.
Target Market
A specific group of consumers at whom a company aims its products and services, identified by certain demographic and psychographic criteria.
Target Market's Economy
The economic environment and conditions that influence the spending habits and purchasing power of a specific target market segment.
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