If a consumer panel is provided with a new product for use before it is introduced in the market it is known as
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Explanation:
By definition, a consumer panel is a group of individuals selected by a business or organisation to provide input on products and services for research purposes. Consumer panels are a useful technique to gather feedback, test hypothesis, discover behaviours and gain insights in a controlled method.
Answer:
A consumer panel is a group of individualities named by a business or association to give input and opinion on products and services for exploration on consumer geste. Panel members are chosen to be representative of the general population or a target group.
Consumer panels are used to test public opinion in a controlled system for announcements, products and services. Experimenters can guide the focus of the panel and ask the specific questions they want to be answered. Consumer panels allow companies to test products for response with lower threat than a full product launch, which requires the investment of vastly further coffers. Information gathered may indicate necessary changes to make before a product is released to the wider request. Consumer panels may be used for test marketing, which is a tool used by companies to gauge probable request success or the effectiveness of a marketing crusade.
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