promotion and describe his legal status vis to vos
Answers
Answer:
Hey,
Promotions refer to the entire set of activities, which communicate the product, brand or service to the user. The idea is to make people aware, attract and induce to buy the product, in preference over others.Sales promotion is a part of the overall promotion effort.
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Answer:
Imagine a new phone was being launched. The company was very confident about the quality of their product and very bullish about their sales. Except how do they convey to the public about this amazing phone? Well they promote it. Let us understand the concept and the types of promotion.
Explanation:
Promotion is a type of communication between the buyer and the seller. The seller tries to persuade the buyer to purchase their goods or services through promotions. It helps in making the people aware of a product, service or a company. It also helps to improve the public image of a company. This method of marketing may also create interest in the minds of buyers and can also generate loyal customers.
It is one of the basic elements of the market mix, which includes the four P’s: price, product, promotion, and place. It is alsoone of the elements in the promotional mix or promotional mix or promotional plan. These are personal selling, advertising, sales promotion, direct marketing publicity and may also include event marketing, exhibitions, and trade shows.