Question

What’s the importance of product promotion?

What’s the importance of product promotion?

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

PRODUCT PROMOTION IS VERY IMPORTANT FOR MARKETING AND INCREASING THE BUSINESS.

- PRODUCT PROMOTION INCREASE THE BRAND AWARENESS. PRODUCT PROMOTION IN VARIOUS MEDIA LIKE TV, NEWS PAPER, RADIO OR OTHERS, INCREASE THE PRODUCT INFORMATION ON WIDE AREA.

- IF THE PROMOTIONAL STRATEGY IS NOT PROPER, THAN IT MAY NOT ATTRACT THE RIGHT PEOPLE. TO ATTRACT THE RIGHT PERSON WE HAVE TO MAKE PRODUCT PROMOTION EFFECTIVELY. IDENTIFY THE DIFFERENT SEGMENT OF CUSTOMER AND APPROACH THEM BY FULL PROOF PROMOTION PLAN.

- PROMOTION EVEN CAN BE DONE BY GIVING THEM FREE SAMPLES OF THE PRODUCT. PEOPLE WILL TRY IT, IF THEY ARE SATISFIED THEN THEY MAY BECOME THE GOOD CUSTOMER OF THE PRODUCT.

- PRODUCT PROMOTION WILL INCREASE THE CUSTOMER TRAFFIC. MORE EFFECTIVE PROMOTION WILL SPEREAD MORE INFORMATION AND MORE PEOPLE WILL BE INTERESTED IN THE PRODUCT, MORE TRAFFIC OF THE CUSTOMER WILL BE CREATED.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Describe the healthy people governmental document and it's importance to the field of health promotion and...
Describe the healthy people governmental document and it's importance to the field of health promotion and education
Rank these functions to importance order for a pharmaceutical company. And explain why. Distribution  Manufacturing  Market...
Rank these functions to importance order for a pharmaceutical company. And explain why. Distribution  Manufacturing  Market research  New product development Human resources  Product promotion  Quality assurance  Sales  Legal and governmental affairs  Controller 
Describe how a promotion discount can communicate information about a product.
Describe how a promotion discount can communicate information about a product.
A company has $600 million in sales, and $96 million in promotion allowance on a product...
A company has $600 million in sales, and $96 million in promotion allowance on a product that cost $210 million to produce. What is the gross margin on the product? $96 $294 $306 $390
Create promotion activity for your product/service using below the line (BTL) strategy.
Create promotion activity for your product/service using below the line (BTL) strategy.
A new sushi restaurant is targeting the ‘non-user’ for sushi product. Their communication/promotion objective is to...
A new sushi restaurant is targeting the ‘non-user’ for sushi product. Their communication/promotion objective is to change attitudes toward sushi. Provide suggestions regarding the use of IMC elements (sales promotion, advertising, social media, selling, PR, events) to reach and change attitudes toward sushi.
For an aluminum with mass 1.30g 1. What’s the number of aluminum atoms 2. What’s the...
For an aluminum with mass 1.30g 1. What’s the number of aluminum atoms 2. What’s the Avogadro’s Number
Consider the 8 Ps of marketing: –Product –Pricing –Place (distribution) –Promotion –People (think training) –Physical layout...
Consider the 8 Ps of marketing: –Product –Pricing –Place (distribution) –Promotion –People (think training) –Physical layout of the product –Process (how the product/service is obtained) –Positioning ). Describe a situation where each of the 8Ps of marketing could be modified (if only by a little) when marketed in two different countries. You choose the example product and the two countries. If you need a citation, please feel free to use it. (Do not use the burger example in the US...
What are the promotion strategies available to organizations? What is the promotion mix? Give an example...
What are the promotion strategies available to organizations? What is the promotion mix? Give an example of how all the promotion strategies could be used for the sale of automobiles.
A sound promotion policy is important. List the characteristics necessary for an effective promotion policy.
A sound promotion policy is important. List the characteristics necessary for an effective promotion policy.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT