Zero percent financing is nothing more than a really good marketing tool. This is a true statement.
Explanation:
Marketing is the process of promoting the product. Marketing helps the customer to know about the product. Buying or selling of the product is increased with the marketing.
Zero percent financing is strategy followed by many organization to increase the sale of their product.
Some of the marketing strategies followed by the marketing team are: personal selling, financing, repetition and product positioning.
It is mandatory for every organization or business to have a marketing team. The marketing team engages in promoting the product or service provided by their company. Marketing plays an important role in deciding the success or failure of the product.
