MANAGEMENT

Detailed explanation-1: -Promotion is the process where marketers inform, persuade, and remind B2B users along with customers to influence them and change their opinion of the brand or product in a positive way. The majority of brands use some type of promotion that adds to their sales or market share.

Detailed explanation-2: -Promotional marketing refers to the process of sharing knowledge about a brand, product, or service through multiple marketing channels to increase brand awareness. Promotional marketing is one of the 4Ps of marketing, also called the marketing mix, which includes product, price, place, and promotion.

Detailed explanation-3: -Promotion is an attempt by marketers to inform, persuade, or remind consumers and B2B users to influence their opinion or elicit a response. Most firms use some form of promotion. Because company goals vary widely, so do promotional strategies.

Detailed explanation-4: -Promotion is any communication used to inform, persuade, and/or remind people about an organization’s or individual’s goods, services, image, ideas, community involvement, or impact on society.

Detailed explanation-5: -ANSWER: Promotion is communication by marketers that informs, persuades, and/or reminds potential buyers of a product to influence an opinion or elicit a response.