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Which of the following is true of the Azeri in Iran?
Product Life Cycle
The progression through various stages from introduction to growth, maturity, and decline that most products go through.
Growth Stage
The phase in a product's life cycle characterized by rapid sales growth, increased marketing, and the emergence of competitors.
Repeat Purchasers
Customers who buy a product or service more than once, indicating loyalty or satisfaction with the brand or item.
Penetration Pricing
A pricing strategy where a product is offered at a lower price than competitors to quickly gain market share.
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