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Pepsi recently test marketed a new super charged caffeinated beverage. After a successful test marketing phase, Pepsi is ready to launch this new beverage into

Pepsi recently test marketed a new super charged caffeinated beverage. After a successful test marketing phase, Pepsi is ready to launch this new beverage into the market. This phase is known as ________.

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segmentation

market penetration

commercialization

concept testing

product development

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