As a Start-Up Company, You Need to Find Ways to Reduce

question 51

Short Answer

As a start-up company, you need to find ways to reduce costs. Which type of promotion is free?
Coupons
Gift certificates
Free samples
Publicity
contests

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Definitions:

Recent Decades

A term referring to the relatively immediate past, often used to describe changes or trends over the last 20 to 30 years.

Economic Situation

Macroeconomic factor that affects the way consumers buy merchandise and spend money, both in a marketer’s home country and abroad; see also inflation, foreign currency fluctuations, and interest rates.

Target Markets

Specific groups of consumers at which a company aims its products and services, identified by various demographic, geographic, and psychographic factors.

Factors

Elements or circumstances that contribute to a result or are considered in a decision-making process.