Question

importance of trade promotion and marketing in points

Answer 1

Importance of Trade Promotion and Marketing.

Explanation:

Importance of Trade promotion and Marketing are as follows:

• They provide trade information about exclusive products and their selling benefits.
• They motivate retailers to give some extra space for products and consumer promotion.
• They further promote products with the of Internet by E-commerce websites and channels.
• They motivate the re-seller to engage in certain sales activities.

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Answer 2

Importance of trade promotion and marketing:

• Trade promotion is one of the trading strategy by which the demand for the products is increased marginally.

• Trade promotion aims at satisfying the customers need.

• It promotes the is the production of goods and satisfying the consumer's groups.

• It also helps the companies to create awareness about their brands among the people.

• Also, they try to increase the widespread distribution of the products.

• Increase stock holding in market vs company warehouse.

• Trade promotion tells the readily available of the products throughout the year.

• Trade promotion is one of the business tactics which helps the producers to distinguish their products

• Trade promotion can be done in different ways including the advertisements in newspaper, television channels, internet, Whatsapp, facebook and other social networks.

• Marketing plays a vital role in all the production fields by which the products can be sold out in the market.

• Marketing tells about the new products available better than the older one in the market.

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