MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why do businesses need to advertise?
A
To keep loyal customers
B
To take customers from competitors by tempting them to try a new product or service
C
Both options
D
None of the above
Explanation: 

Detailed explanation-1: -Benefits of advertising build customer awareness of your business and brand. promote the benefits of your products or services. communicate information about your business. increase sales and demand.

Detailed explanation-2: -Advertising helps making people aware of the new product so that the consumers come and try the product. Advertising helps creating goodwill for the company and gains customer loyalty after reaching a mature age.

Detailed explanation-3: -The aim of advertisements is to induce consumers into buying a particular product or service.

Detailed explanation-4: -Before we begin, it’s important that we understand the two larger categories of advertising: digital and traditional. Digital advertising can reach a wide audience in a variety of different ways by harnessing the all-powerful internet and can also be customized to narrow down an audience by their demographics.

There is 1 question to complete.