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When a new product is introduced, the
first hurdle is establishing consumer awareness of the item. After all,
they won't buy it if they don't know it exists! Product trial needs to
occur so consumers gain initial experiences with the item. Then repeat
purchases need to be monitored. The measurement of awareness, trial and
repeat usage allows PAR clients to understand market share and interest
in the brand. When the study is repeated, it is possible to begin trending the data, allowing your
marketing department to understand when and how to improve product
promotion. |
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