Examlex
How does the specific purpose statement differ from the central idea?
Elicited Set
A group of relevant brands or products that a consumer recalls and considers during the decision-making process.
Product Alternatives
Different products or services that serve the same purpose or fulfill the same need for a consumer, offering options in the marketplace.
Segmentation Variables
Criteria used to divide a market into clearly identifiable segments based on needs, behaviors, or demographics.
Purple Cows
A metaphor for products or services that are extraordinarily unique and stand out in a market, coined by marketing expert Seth Godin.
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