ENTREPRENEURSHIP

Detailed explanation-1: -Marketing promotions are one of the most effective ways to increase your company’s sales. Promotions, which can include discounts, coupons and more, are short-term strategies that aim to turn more people into customers. Implementing a promotion can also increase brand awareness, product sales and company profits.

Detailed explanation-2: -Sales promotion is one of the many tools used in an organization’s promotional mix. Sales promotional tactics include contests, coupons, point-of-purchase displays, premiums, prizes, product samples, and rebates.

Detailed explanation-3: -Competitions and giveaways. Flash sale or limited-time price reduction. Bundling of products or services. Free trial or demo. Limited-time free shipping or transfer between platforms or services. Limited-time freebies. First purchase coupon. Buy one, get one free. More items