0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Why is sales promotion important?
Sales promotion important as it creates awareness for a product or service. This will usually result into higher sales and profits for the company.
What incentive motivates a manufacturer to sell a product?
making profits on sales
What is the goal of promotion?
Product recognition to increase sales that will results to more profits.
Where can a person go to find sales on ladies' jackets?
There are plenty of sales advertised online. North Face, Patagonia, Columbia, Arcteryx, Landsend and Macys are some stores and websites that offer excellent jackets for ladies.
Why are comparable sales important in the retail industry?
A company's sales are important to the retail industry because it shows and maps the amount of money that is going into the company and how much they are making from profits.
An increase in sales and profits generates the necessary cash required for economic growth?
An increase in sales and profits does not necessarily mean an economy will grow. The economy will only grow if the sales and profits are substantial in size.
Which two stores started early Black Friday sales?
Sears and Macys
How can the relationship between sales and profits be written?
The relationship between sales and profits can be expressed through the profit margin formula, which is (Profit / Sales) x 100. This formula shows what percentage of sales results in profit. A higher profit margin indicates that a company is more efficient at converting sales into profit.
What is the potential relationship between gross sales and profits?
The potential relationship between gross sales and profits is that as gross sales increase, there is a possibility for profits to increase. However, it is important to note that gross sales alone do not determine profitability. Other factors such as expenses, cost of goods sold, and operational efficiency also play a role in determining the level of profits.
What incentive do manufacturers have to sell products?
Making profits on sales
Who profits from the sales of Mother's Day merchandise?
All the sellers
Which colony made huge profits as as a result of tobacco sales to Europe?
The Virginia colony made huge profits as a result of tobacco sales to Europe.
What is macys magic?
MAGIC stands for Meet, Ask, Give, Inspire, Celebrate. It's Macy's sales training.
Why is sales promotion important?
Sales promotion important as it creates awareness for a product or service. This will usually result into higher sales and profits for the company.
What does Forty percent McDonald's profits come from the sales of?
parking lol
What incentive motivates a manufacturer to sell a product?
making profits on sales
The share of profits or percentage of sales a franchisee pays to a franchisor?
Royalty
