ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Related specifically to price reductions, such as 30% off an item in a sale
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All the ways the business has to persuade customers to buy-branding, packaging, short-term offers
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Enhancing the career path of an employee by enabling them to undertake tasks with greater responsibility
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Purely related to the advertising of the product
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Detailed explanation-1: -Sales promotion refers to short-term incentives that are designed to encourage the buyers to make an immediate purchase of a product or service in a short-term period.
Detailed explanation-2: -Provide a little more than what’s expected. You can also do this by way of a discount offer such as “buy now and get 10% off your next purchase.” You can also create a loyalty program where customers can get reward points for every purchase. This strategy could encourage repeat customers.
Detailed explanation-3: -Offer loyal customers an exclusive preview. Use a special introductory offer. 3. Make use of Google My Business. Run a social media contest. Spread the word via email. Write a blog post. Host an event. Offer a complimentary upgrade. More items •29-Jul-2020