Examlex
The direct and indirect influence that parents have on their children's standards, values, and ways of thinking is referred to as:
Place Decisions
Choices made regarding the distribution channels used and locations where a product or service will be offered to consumers.
Value Creation
The process of generating products, services, or processes that are valuable to consumers, leading to increased benefits for both the business and its customers.
Front of The Store
The area closest to the entrance of a retail outlet, strategically used for displaying new, seasonal, or promotional items to attract customers.
Promotion Element
Components of the promotional mix used by companies to communicate product benefits and persuade customers, including advertising, sales promotion, public relations, and personal selling.
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