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Question
Which of the following are the merits of sales promotion?
Options
Spoils product image
Suppress demand
Meets competition
Creates product identity
MCQ
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Solution
Meets competition and Creates product identity
Explanation:
- Advertising is an important tool for overcoming competition. It creates brand loyalty, which helps maintain sales and market share.
- Advertising is helpful in introducing new products by creating awareness and gaining their acceptance.
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Role of Sales Promotion
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