Marketing cost savings from geographic proximity is one advantage of a market group.

Name: Marketing cost savings from geographic proximity is one advantage of a market group.
Brand: Quizplus
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Question

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When businesses are located close together within a market group, they can often share marketing costs, such as advertising or promotional events, leading to cost savings. This is because it is more efficient and cost-effective to reach a larger audience with joint marketing efforts.

Marketing Cost Savings from Geographic Proximity Is One Advantage of a Market