MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Promotion Mix is used to:
A
design a product
B
tell people about what you are selling
C
conduct a transaction
D
None of the above
Explanation: 

Detailed explanation-1: -Promotion mix is the set of all the promotional variables a business use to create, maintain and increase the demand for its brands or offerings. Set of all promotional variables: The promotion mix combines all the tools, strategies, and approaches a business uses to get its message to the target market.

Detailed explanation-2: -A promotional mix is defined as the combination of different marketing strategies used to communicate the benefits of using a particular product or service and to influence the buying behavior of their target demographic.

Detailed explanation-3: -2. Sales promotion: Sales promotions are short-term incentives to encourage people to buy a product or service. Examples include coupons, rebates or games and contests that the public can participate in. 3.

Detailed explanation-4: -promotion mix, consists of advertising, sales promotion, public relations, personal selling and direct marketing to achieve marketing objectives. • Elements of promotional mix are also called as tools, means, or. components. • Lets discuss in detail-

Detailed explanation-5: -The promotion mix also contains four elements that companies use to meet their marketing objectives. The elements are sales promotion, advertising, personal selling, and public relations.

There is 1 question to complete.