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Specifically, advertising tries to study what attracts attention, engages interest and consideration, generates desire and perceived need, and drives buy whereas retaining clients (i.e., the AIDA mannequin ). These are the constructing blocks from which value is constructed.
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Ultimately, our selection model is misspecified for two reasons: it doesn’t include the variables that drive purchase in real markets and the reactive results of the experimental arrangements create confounding results that don’t happen outside of the examine.
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