Asked by Julia Herbst on May 28, 2024

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The goal of sales promotion is to

A) promote goodwill with customers and the community at large.
B) promote positive relations between a firm and its stakeholders.
C) build a trusting relationship with a customer over a long period of time.
D) inform the consumer of the product's benefits.
E) stimulate quicker and more frequent purchases of a product.

Sales Promotion

A marketing strategy involving short-term incentives to encourage the purchase or sale of a product or service.

Quicker Purchases

The process or strategy designed to accelerate the buying process, often through technology or streamlined operations.

Goodwill

An intangible asset that arises when a company is acquired for more than its fair market value, reflecting the brand's reputation and customer relations.

  • Understand the various sales promotion techniques and their application in strategic marketing.
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Jonathan PaniaguaJun 01, 2024
Final Answer :
E
Explanation :
Sales promotion aims to stimulate quicker and more frequent purchases of a product by offering incentives or added value to induce immediate sales.