The use of short-term incentives to encourage the immediate purchase or sale of a product or service is called Sales Promotion
A group of marketing strategies known as sales promotion attempt to increase demand for certain items and raise consumer awareness of brands. Due to its limited duration, it fosters a sense of urgency, produces new leads, and maintains the interest of current clients.
One of the key components of the promotion mix is sales promotion. You must identify the sales strategies that resonate with your target market if you want to develop long-lasting relationships with people. Providing clients with value that is pertinent to your area of expertise is also important. Since sales promotion encourages information exchange within social networks linked to your business, it can improve the image of your goods.
To know more about Sales Promotion
brainly.com/question/15900481
#SPJ1
