There are five promotional too
There are five promotional tools; present three keyreasons why these promotional tools are important for consumers.You may want to link this question with concepts of marketing.Please describe elaborately with examples
Answer:
Promotional and marketing strategies are really important forany organization to operate and compete with their competitors. Itis an active process that helps in the flourishing of a company andneeds to be scrutinized as the company’s results are very muchdependent on it. It acts as the voice of the company that helps inputting up the advantages associated with your product and brand’smessages in front of customers so that they can make their buyingdecisions.
Three key reasons why these promotional tools areimportant for consumers:
- Increases brand awareness
- Provides appropriate Infos
- Increases Customer Traffic
With the help of promotional tools information is spread acrossthe regions about the company and the brand which helps in increaseof brand awareness.
Having an appropriate plan or strategy will help in theidentification of the segment to target and value proposition willbe done according to the demand of that segment. It also helps inthe marketing of the products and services being provided by thecompany to the customers.
The more you promote the more people get aware of the brandwhich attracts them and we can see a rise in footfall or customertraffic for our products. Free sample distribution can also be doneto attract consumers.
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