Question

Explain with an example the benefits of advertising to Producers and Consumers?​

Answer 1

Explanation:

The major advantages of advertising are:

1) introduces a new product in the market,

2) expansion of the market,

3) increased sales,

4) fights competition,

5) enhances good-will,

6) educates the consumers,

7) elimination of middlemen,

8) better quality products,

9) supports the salesmanship

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