what is to be done by promotion
a. increasing the price
b. increasing the sales
c. increasing the production
d. making necessary changes in the product
Answers
The aim of promotion is to increase awareness, create interest, generate sales or create brand loyalty. It is one of the basic elements of the market mix, which includes the four Ps, i.e., product, price, place, and promotion. Promotion is also one of the elements in the promotional mix or promotional plan.
A:When a product enters the life cycle, it faces many obstacles. Although competition may be light, the introductory stage usually features frequent product modifications, limited distribution, and heavy promotion.
B:During the maturity stage, sales will peak as
the product reaches market saturation, and competition will grow increasingly fierce.
C: Product development strategy is the process of bringing a new innovation to consumers from concept to testing through distribution. ... New product development strategies look at improving existing products to invigorate an existing market or create new products that the market seeks.
D:Before you make any changes, understand how everything works now. There is still value in the saying, “If it ain’t broke, don’t fix it.” Unless you can identify a financial or safety reason for making a change, think long and hard about the value of the expected outcome.
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b and c both can be right depending on the situation or i may say if it is the promotion is related on marketing it may vary because some time it became important to sale the products and some time it became important to produce the products
i don't know that my ans is helpful to you but i hope that it can help you a little bit at least