ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The different methods businesses use to raise awareness of their products and to persuade customers to buy them is known as:
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Price
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Product
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Place
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Promotion
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Explanation:
Detailed explanation-1: -Promotion. Promotion refers to the methods a business uses to gain the attention of the customers to their product. These includes sales promotions, customer service, public relations, advertising etc.
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: -Media relations. Social media. Digital advertising. Press advertising. Direct mail. Search engine optimisation (SEO) Email marketing.
There is 1 question to complete.