Discuss the role of sales promotion as an element of promotion mix.
Answers
SOLUTION :
The role of sales promotion as an element of promotion mix :
(a) ATTENTION VALUE :
Sales promotion techniques work as incentives with attract the attention of the prospective customers in a short time.
(b) USEFUL IN NEW PRODUCT LAUNCH :
Sales promotion techniques are very effective to draw the attention of the prospective customers who may be using the products of other competitors.
(c) SYNERGY IN TOTAL PROMOTIONAL EFFORTS :
Sales promotion activities add the advantage in other promotional activities like advertisements, public relation etc.
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NANBA
The Promotion Mix is the integration of Advertising, Personal Selling, Sales Promotion, Public Relations and Direct Marketing. The marketers need to view the following questions in order to have a balanced blend of these promotional tools.