ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

PROMOTION STRATEGIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or false? More money is actually spent on promoting to businesses than to consumers each year.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The correct answer is False. Marketing and selling activities are not the same activities. Selling is the process that transforms products, services or any offering into money by selling it to the customers. It is a part of marketing but marketing encompasses much more than selling.

Detailed explanation-2: -Marketing is a process that involves creating, delivering, and managing the message or product of a business. In order to be successful in marketing, it is important to have a clear understanding of what marketing management is, as well as the different aspects it encompasses.

Detailed explanation-3: -In basic terms, marketing is the process of identifying customer needs and determining how best to meet those needs. In contrast, advertising is the exercise of promoting a company and its products or services through paid channels. In other words, advertising is a component of marketing.

There is 1 question to complete.