ENTREPRENEURIAL MARKETING
PROMOTION STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ promotion also helps businesses foster good relations with existing customers.
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Product
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Institutional
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Customer relations refers to the methods a company uses to engage with its customers and improve the customer experience. This includes providing answers to short-term roadblocks as well as proactively creating long-term solutions that are geared towards customer success.
Detailed explanation-2: -Relationship marketing was developed to foster consumer loyalty. Unlike customer acquisition, which focuses on short-term goals and individual sales, relationship marketing is aimed at enhancing customer lifetime value and providing information directly suited to their needs and interests.
There is 1 question to complete.