What is the importance of promotions?

Question

promotion of a product

Answer 1

all abt the way how u communicate with your consumers is important...Not only it can inform n enforce your target audience abt ur prouct..but oso it can remind ur consumers abt ur existing products..

Answer 2

Promotions as a marketing tactic can be contests, trials, give-aways, rebates, point of purchase displays, etc.  Sales promotion is part of the marketing mix.  Typically promotions are  only one part of the marketing program to sell a product or service: other common tactics are advertising, public relations, personal relations and direct marketing.  

The importance of promotions is in increasing demand for the product or service in the marketplace.