ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How is a business most likely to increase sales of a premium branded product?
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By cutting price
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By increasing promotion
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By using supermarkets for distribution
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None of the above
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Explanation:
Detailed explanation-1: -Marketing can help sales by creating the collateral they use on calls, building websites that complement and speed up the sales cycle, and increasing brand awareness so salespeople can focus on the benefits of their product or service instead of wasting time explaining what it is in the first place.
Detailed explanation-2: -In order to increase sales, especially your end-of-year sales, you have to increase the number of customers you’re selling to, enhance what you’re selling, improve your messaging, or all of the above. If you can improve every step of your sales process by even a little, you can increase sales by a lot.
There is 1 question to complete.