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Explain the term- Promotion of product
Promotion: If product is manufactured keeping the consumer needs in mind, is rightly priced and made available at outlets convenient to them however consumer isn't made aware about its price, features, availability etc, its marketing effort may not be successful. Hence promotion is a significant ingredient of marketing mix as it refers to a process of informing, persuading and influencing a consumer to make choice of the product to be bought. Promotion is done by means of personal selling, advertising, publicity and sales promotion. It's done mainly with a view to provide information to prospective consumers about availability, characteristics and uses of a product. It arouses potential consumer's interest in the product, compare it with competitors' product and make his choice. Proliferation of print and electronic media has immensely helped the process of promotion.
Elements of the marketing: the marketing thinking starts with the customer needs. Today each marketer wants to retain and satisfy the customer because of the intense competition.
How to explain the wheel of life
Explain about the increased profitability in e-commerce. Increased Profitability: a. The direct cost to sale for an order taken through a web site is lower as compared to
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This is the number of times a consumer purchases the similar product within a specific time interval.
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What do you think that thisbrand promotion technique can benefits an organisation by incresing sale
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