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Explain promotion mix. - Commerce

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Questions

Explain promotion mix.

What is meant by promotion mix?

Define the term ‘Promotion Mix’.

Definition
Explain
Short Answer
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Solution 1

The promotion mix consists of all the activities aimed at persuading customers to buy the product. It refers to the specific combination of promotional tools and techniques that a company uses to communicate with its target market, stimulate demand, and achieve its marketing objectives. The goal is to inform, persuade, and remind potential customers about the company's products or services, creating a favourable response.

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Solution 2

A promotion mix is a strategic blend of marketing communication tools a company uses to inform, persuade, and remind target audiences about their products or services.

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Notes

Students should refer to the answer according to the question.

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Chapter 2: Marketing mix - 4 P's - EXERCISES [Page 36]

APPEARS IN

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