ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is not a key reason why businesses use promotion?
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Beat competition
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To understand customers
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Increase (or maintain) sales
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To inform customers about their (new) product or service
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Explanation:
Detailed explanation-1: -Promoting your brand will help you in many different ways: Increase brand awareness. Provide appropriate information. Increase Customer Traffic.
Detailed explanation-2: -One of the disadvantages of sales promotion is that consumers may question the validity of your business and suspect that your product or service has not been selling well when you rely on promotions to build sales.
There is 1 question to complete.