Asked by Ameer Salem on Apr 25, 2024
Verified
Which of the following are ways of promoting a firm's product
A) Advertising
B) Discount coupons
C) End-of-aisle displays
D) All of the above
End-of-aisle Displays
Promotional merchandise displays located at the end of store aisles, designed to attract customer attention and increase product sales.
Discount Coupons
Promotional vouchers that reduce the price of goods or services, often used to attract customers or boost sales.
- Discern how advertising tactics modify the demand elasticity of products.
Verified Answer
KN
Kayleigh Naicker6 days ago
Final Answer :
D
Explanation :
Advertising is a common way of promoting a firm's product by using various media channels to spread the word about the product to the target audience. Discount coupons encourage potential customers to buy the product by offering them a price incentive. End-of-aisle displays attract the attention of customers by creating a prominent and visually appealing display of the product. All the above methods are effective ways of promoting a firm's product.
Learning Objectives
- Discern how advertising tactics modify the demand elasticity of products.
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