BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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price
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product
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advertising
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marketing mix
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Detailed explanation-1: -Advertising-It helps to outspread a word or awareness, promote any newly launched service, goods or an organization. The company uses advertising as a promotional tool as it reaches a mass of people in a few seconds.
Detailed explanation-2: -The promotions mix is often divided into four categories: advertising, digital selling, sales promotion and public relations. Each of these promotion methods has their own role in generating revenue for a company.
Detailed explanation-3: -Promotional advertisements are short-term marketing strategies businesses use to boost the sales of a certain product or service. Some companies may choose to advertise promotions to boost awareness, increase sales or highlight updates of a new or existing product.