Question

Which of the following strategies in the marketing mix aims at bringing about mutually satisfying exchanges with target markets by informing, educating, persuading, and reminding them of the benefits of an organization or a product?

Answer 1

Answer:

The correct answer would be, Promotional Strategies.

Explanation:

Promotional strategies aim at bringing about mutually satisfying exchanges with target markets by informing, educating, persuading and reminding them of the benefits of an organization or a product.

Promotional strategies help inform, persuade and influence consumer's decisions. There are many types of promotional strategies. Some of the important ones are Advertisement, Personal Selling, Sales Promotions, Direct Marketing, Publicity, etc.