They can mean the same thing.
Or Product Strategy is focused on the product and what objectives its meant to achieve for the user/consumer
Promotional Strategy is focused on correctly Branding and promoting the product to the Target Markets.
Promotional strategy is the process in how you promote the product like giving away promotional items. The products are the items that you hand out to people.
what is marketing promotional strategy?
Promotional objectives are business tools used in marketing. The three main promotional objectives are to inform the market, increase demand and differentiate a product.
A promotional strategy can be anything from making a rewards system, to street fairs, to new designs on the product you're selling. Anything new, improved, or added to your company to help the sales thrive.
Pull strategy occurs when the manufacturer tries to establish final-consumer demand and thus pull the product through the wholesalers and retailers.
Promotional strategy is the process in how you promote the product like giving away promotional items. The products are the items that you hand out to people.
A promotional strategy is a plan to promote a product or service to the consumer. Usually involves an incentive for consumer.
what is marketing promotional strategy?
Promotional objectives are business tools used in marketing. The three main promotional objectives are to inform the market, increase demand and differentiate a product.
It is extending the product line and length and designing the promotional strategy like wise.
Differentiate product
A promotional strategy can be anything from making a rewards system, to street fairs, to new designs on the product you're selling. Anything new, improved, or added to your company to help the sales thrive.
Pull strategy occurs when the manufacturer tries to establish final-consumer demand and thus pull the product through the wholesalers and retailers.
Pushing strategy, in contrast, occurs when a seller tries to develop demand through incentives to wholesalers and retailers, who in turn place the product in front of consumers.
Marketing products leads to their sales. However, the amount of sales that a product gets depends on how efficient its marketing strategy is.
When developing a marketing strategy for a new product launch, key topics to consider include target audience identification, market research, competitive analysis, pricing strategy, distribution channels, promotional tactics, branding, and budget allocation.
It's important to differentiate between right and wrong. She could not differentiate between the two identical twins. The new software features were designed to help differentiate their product from competitors. The expert could easily differentiate authentic artwork from fakes.