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All Over Shampoo is launching a new anti-dandruff, 2-in-1 conditioning product in a simulated test market within the United States. The company expects to achieve
All Over Shampoo is launching a new anti-dandruff, 2-in-1 conditioning product in a simulated test market within the United States. The company expects to achieve strong distribution with an ACV% of80%. Market research shows that the marketing mix will result in an awareness rate of37%, a trial rate of29%, and a repeat purchase rate of37%. The population for the test market is estimated at1,070,000households.
What percentage of the test market population will become repeat purchasers of All-Over Shampoo's new 2-in-1 product?
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