Objectives of the promotional strategy


Question:

Most promotional strategies have several ingredients called the promotional mix which may include advertising, public relations, sales promotions and personal selling. Select a product and discuss the promotional strategy of this product. Why was it effective or ineffective based on the objectives of the promotional strategy? Using the same product, discuss the pricing strategy. Explain its effectiveness or ineffectiveness based on the pricing strategy.

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Finance Basics: Objectives of the promotional strategy
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