Promotion to Encourage Trial Use Attempts to Retain Loyal Customers

question 4

True/False

Promotion to encourage trial use attempts to retain loyal customers.

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Definitions:

Conditioned Stimulus

In classical conditioning, a previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.

Masked Branding

is a marketing strategy where a product's brand is not directly associated with the product itself, making the brand element less obvious to consumers.

Brand Loyalty

A consumer's consistent preference for one brand over all others, often accompanied by a sense of attachment or trust towards the brand's products or services.

Brand Equity

The value or worth of a brand in the marketplace, largely determined by consumer perceptions, recognition, and loyalty.