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What Are the Conditions Under Which First-Mover Advantages Diminish and Fast-Follower

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What are the conditions under which first-mover advantages diminish and fast-follower advantages increase?


Definitions:

Sensory Elements

Components or factors that engage the five senses (sight, smell, sound, taste, and touch), used in various designs and experiences to enhance perception and interaction.

Scrambled Merchandising

A retail strategy where a store sells products unrelated to its primary line of business, broadening its appeal to customers.

Cross-merchandising

A retail strategy that involves displaying or suggesting complementary products from different categories to encourage additional purchases.

Complementary Merchandising

A retail strategy that involves the sale of products or services that complement each other, aimed at increasing customer satisfaction and sales.

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