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Although marketing theory supports the contrary, it is more probable that marketing budgets will be cut during periods of economic
Brand Loyalty
The tendency of consumers to continue buying the same brand's products or services over time, reflecting a strong preference.
Psychographic
Relating to the study of personality, values, opinions, attitudes, interests, and lifestyles of an individual or group.
Market Segmentation
The process of dividing a target market into smaller, defined categories of consumers who share similar characteristics.
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