Examlex
Which set has the largest standard deviation?
Product Itself
The actual physical item or service being sold, including all of its features, quality, and branding.
Simulated Test Markets
A procedure in which the firm builds a mock shopping experience for participants, in order to observe their response to marketing stimuli.
Online Test Marketing
A technique used to evaluate the marketability of a product through targeted advertising campaigns and surveys on digital platforms before widely releasing it.
Less-expensive Forms
Refers to cheaper or more cost-effective versions or alternatives of products or services.
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