Calculating a ratio of test product sales to total company sales in the area may provide a benchmark for modifying projections into other markets.
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Q8: Market cannibalization is the percentage of target
Q9: A control method of test-marketing is a
Q10: Due to the similarities among Americans and
Q11: Expensive durable products are typically test-marketed before
Q12: Test-marketing is very expensive.
Q14: The average test-market requires about twenty-four months.
Q15: Cannibalized sales occur when consumers choose a
Q16: Test marketing allows an organization to conduct
Q17: A test market study involves the use
Q18: The time length for a test market
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