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       #Post#: 25--------------------------------------------------
       Risk assessment and forecasting
       By: Rasel Rasel Date: September 12, 2023, 6:25 am
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       After all, many leave a company not because they didn't like the
       product, but because they were frustrated with the way they were
       served. Technology also plays an important role in relationship
       marketing. Thanks to the tools available, personalized
       advertisements, special offers and accelerated service are
       offered as a sign of appreciation for each customer's loyalty.
       The difference between marketing and advertising At first
       glance, marketing and advertising seem to be different terms to
       describe the same thing. However, although both contribute to
       the same end goal, they are different terms and each has its own
       process.
       Understanding the difference between marketing and advertising
       helps simplify your customer acquisition strategy. Marketing
       refers to the process of preparing your product for the market.
       This involves understanding who your potential customers Phone
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       are and what they want to get from
       your product or service. Colors, logo , and other design
       elements help align your product image with the interests of
       your target audience. It is marketing that defines your brand
       and attracts the market share you want. Advertising is the
       process of promoting your product and service in the market. In
       other words, it aims to spread the word about what your company
       has to offer. While marketing is how you convince potential
       buyers that you have the right product for them, advertising is
       how you communicate the existence of that product.
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       The product sales cycle in the market The product life cycle
       describes the stages it goes through from the time it is
       designed until it is removed from the market. Not all products
       reach this final stage. Some continue to grow and others
       increase their circulation but then fall. This cycle has four
       very clearly defined stages, each with its own characteristics
       that mean different things for each company and each product.
       Just take a look: Launch: research, development, testing and
       launch of the new product. It can be the most expensive stage of
       the cycle.
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