ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Public Relations
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Sales promotion
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Advertising
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Personal Selling
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Detailed explanation-1: -Definition: Materials that act as a direct inducement, offering added value, or incentive for the product, to resellers, sales persons or consumers.
Detailed explanation-2: -Sales promotion is the use of activities and materials as direct inducements to customers and salespersons. The primary objective of sales promotion methods is to enhance and supplement other promotional methods.
Detailed explanation-3: -Sales promotion is an activity or a material (or both) that acts as a direct inducement, offering added value or incentive for the product to resellers, salespeople, or consumers. Marketers use sales promotion to identify and attract new customers, introduce new products, and increase reseller inventories.