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Question
Which of the following are the merits of sales promotion?
Options
Spoils product image
Suppress demand
Meets competition
Creates product identity
MCQ
Solution
Meets competition and Creates product identity
Explanation:
- Advertising is an important tool for overcoming competition. It creates brand loyalty, which helps maintain sales and market share.
- Advertising is helpful in introducing new products by creating awareness and gaining their acceptance.
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Role of Sales Promotion
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