The sequence of adoption stages:
1. Awareness. Consumers learn about the product.
2. Interest. They seek more information.
3. Trial. Consumers test the product.
4. Evaluation. They assess the product’s utility
List I (Retailer Type) | List II (Description) |
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(A) Specialty Store | (I) A store that carries several product lines like clothing, home furnishing, and household goods |
(B) Convenience Store | (II) A relatively large, low-cost, high-margin, high-volume, self-service operation designed to serve the consumer’s total needs for grocery and household products |
(C) Supermarket | (III) A store that carries a narrow product line with a deep assortment |
(D) Department Store | (IV) A relatively small store located near residential areas |
List I (Four Ps): | List II (Four As): |
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(A) Product | 1. Affordability |
(B) Price | 2. Acceptability |
(C) Place | 3. Awareness |
(D) Promotion | 4. Accessibility |