Making your product popular in the market needs a promotional product that would remind customers of your brand.
The three main functions of promotion are to inform customers about a product or service, persuade them to make a purchase, and remind them about the benefits of the product or service.
Advertising can serve one of three pursposes: Inform, persuade or remind potential customers of the benefits or applications of your product or service
what is the process of promoting and presenting a product to customers.
A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.
You write a letter informing your customers about a new product by sending out a large informative email blast that shows customers the value of your new product.
The product is called absolute product when the product is up to the requirements of the customers.
  Share of customer is the percentage of customers that buy a company's product of all customers purchasing in that product category
The three basic tasks of promotion in marketing are to inform, persuade, and remind. Informing involves providing potential customers with information about a product or service, highlighting its features and benefits. Persuading aims to influence consumer attitudes and behaviors, encouraging them to choose a specific brand or product. Lastly, reminding keeps the brand top-of-mind, reinforcing familiarity and loyalty among existing customers.
because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.
A product market refers to the businesses and customers that are affected by a product. A product market can be regional or national.
because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.