ENTREPRENEURIAL MARKETING
PROMOTION STRATEGIES
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Promotion can be divided into two basic types. The two types are product promotion and ____
|
|
target promotion
|
|
|
direct promotion
|
|
|
institutional promotion
|
|
|
publicity promotion
|
Explanation:
Detailed explanation-1: -There are seven promotional categories, namely direct marketing, sales promotion, digital marketing, personal selling, general advertising, public relations, and sponsorships. Promotional marketing can be incredibly beneficial for long-term business success.
Detailed explanation-2: -There are three kinds of institutional promotion-public service, public relations, and patronage.
Detailed explanation-3: -A business uses product promotion to convince potential customers to buy its products instead of buying from a competitor. Institutional promotion is used by businesses to create a favorable image for themselves, as opposed to promoting specific products or services.
There is 1 question to complete.