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Which of the following are the merits of sales promotion? - Commercial Studies

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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:

  1. Advertising is an important tool for overcoming competition. It creates brand loyalty, which helps maintain sales and market share.
  2. 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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Chapter 3: Advertising and Sales Promotion - EXERCISES [Page 42]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 3 Advertising and Sales Promotion
EXERCISES | Q 30. | Page 42
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