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The price is very important as it determines the company's profit and hence, survival.

A product is seen as an item that satisfies what
your consumer
demand.

All of the methods of communication that a marketer may use to provide information.

Refers to providing the product at a place which is convenient for consumers to access.

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Market research (data collection and thorough analysis of the results)

Analytics reports (vulnerabilities and opportunities for development)

Proposal for future development (plans, charts and scenarios)

Focus group discussions

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Blind tests

Telephone interviews

Online researches