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In retail products are called merchandise In manufacturing products are purchased as raw materials and sold as finished goods Commodities are usually raw materials such
Consumers are said to view a product or service as a bundle of product attributes and you evaluate several attributes of a product or service in reaching your purchase
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The specific avenue a seller uses to make a finished good or service available to you for purchase for example whether you are able to buy it directly from the seller at a store
A product is the need satisfying offering of a firm Perreault Cannon and McCarthy A product is anything that is of value to a consumer and can be offered through a
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Let s look at each of these stages in the consumer adoption process often referred to as the hierarchy of effects model in some detail Stage 1 Product Awareness The first
Walmart and Target are two big retailers you re likely familiar with but even the convenience store across from campus buys a variety of products like candy snacks
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