Short Answer Questions · Q14
Q.What is meant by promotion mix? Name its four elements.
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Start your 14-day free trial to unlock the full solution →The promotion mix refers to the specific combination of communication tools a firm uses to inform, persuade, and remind its target customers about its product, in order to encourage them to buy it. Its four main elements are:
- Advertising — paid, non-personal mass communication through media such as television, print, radio, or digital channels.
- Personal selling — direct, face-to-face (or one-to-one) communication between a salesperson and a prospective buyer.
- Sales promotion — short-term incentives (discounts, coupons, free samples, contests) designed to encourage immediate purchase. …
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