ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an example of sales promotion?
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advertising a new product on television
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using specialist magazines to advertise the product
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billboards and posters
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special offers and free gifts
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Explanation:
Detailed explanation-1: -Free products: Free product promotions work by offering a small free product with the purchase of a larger, mainstream product. This boosts mainstream sales without costing the company too much inventory or revenue.
Detailed explanation-2: -There are seven promotional categories, namely direct marketing, sales promotion, digital marketing, personal selling, general advertising, public relations, and sponsorships.
Detailed explanation-3: -Coupons. Coupons are among the most recognizable consumer promotions. Rebates. Instant Win Contests. Social Media Contests. Sweepstakes. Digital Punch Cards. Loyalty Member Promotions. 09-Feb-2023
There is 1 question to complete.