Political Science, asked by ihm99, 11 months ago

how does advertisement impact the local neighborhood shops​

Answers

Answered by kumarisudesh
8

Answer:

Explanation:

Local store marketing (LSM), also known as "neighborhood marketing," or simply "local marketing[1]," is a marketing strategy that targets consumers/customers within a radius around a physical location with marketing messages tailored to the local populace. Tactics can be varied but are differentiated by the localization of the marketing message.[2]

Often, local store marketing is employed by individual locations of a larger corporate entity - e.g. a franchise store rather than the franchisor - to supplement mass-market advertising campaigns. However, independent and regional retailers utilize the same strategy and tactics in their marketing efforts. please mark it as brillientest

Answered by gratefuljarette
5

Local store marketing (LSM), also known as "neighborhood marketing," or simply "street marketing," is a marketing technique that approaches consumers with marketing campaigns targeted to the local community within a distance of a specific venue.

Explanation:

  • Tactics can vary but are distinguished by marketing communication localization.
  • Local store promotion is also used to replace mass-market promotional strategies for local stores within a broader business organization e.g. a retail shop rather than the franchiser.
  • However, the same strategies and techniques was utilized by local and national distributors in their marketing campaigns.

Learn more about advertisement:

Distinguish between advertisement and advertising

https://brainly.in/question/3238236

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