BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The different methods businesses use to raise awareness of their products and to persuade customers to buy them is known as:
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Price
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Product
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Place
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Promotion
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Explanation:
Detailed explanation-1: -Promotional tools are strategies, methods or resources that compel consumers to buy a product or service. Many marketing and advertising professionals use them to raise awareness of a new product or increase sales of a particular item or service.
Detailed explanation-2: -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-3: -Promotional strategy is designed to inform, persuade, or remind target audiences about those products.
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