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LUCKY_DIMON [66]
3 years ago
12

How does promotion persuade? How does promotion remind? How does promotion inform?

Business
1 answer:
MrRa [10]3 years ago
6 0

Answer:

Through advertising by use of the various mediums of communication

Explanation:

  • The promotion in the marketing refers to the communication platform that's used to persuade the target audience of relative merits of a product and service or the brand and increase the awareness and create interest and generate sales and create a brand loyalty.
  • The promotion reminds by sending off the benefit messages with the objectives and target the consumers with the product or the service of introducing a new theme into the existing market program, thought the advertising, public and private selling techniques.  
  • Thus elicits an opinion or response from the customers which are based on their strategies.
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3 years ago
A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three diff
Bas_tet [7]

Answer:

the requirements are missing, so I looked for a similar question.

<em>a. How many fliers do you think the automobile dealership sent​ out? </em>

<em> b. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the expected value of the prize won by a prospective customer receiving a​ flier? </em>

<em> c. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a​ flier?</em>

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37

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2 years ago
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