Examlex
Stimulus-response selling is most effective in situations involving important purchase decisions and when time is not critical.
Fad Product
A product that becomes extremely popular in a short period of time and then quickly falls out of favor.
Product Life Cycle
A concept that describes the stages a product goes through from introduction to growth, maturity, and decline in the market.
Low-Learning
Pertains to products or services that require minimal effort or understanding for consumers to use effectively.
Product Life Cycle
The progression of a product through stages from introduction to growth, maturity, and decline in the market.
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