High-Priced Products Usually Depend Heavily on Which Promotion Mix Ingredient

question 128

Multiple Choice

High-priced products usually depend heavily on which promotion mix ingredient?

• A) Advertising
• B) Personal selling
• C) Public relations
• D) Sales promotion
• E) Telemarketing

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Definitions:

Social Media Presence

The extent to which a brand or individual actively maintains profiles and engages with audiences across social networking platforms.

Customer Relationships

The dynamic interactions and experiences between a business and its customers, aiming to foster loyalty and satisfaction.

Word-Of-Mouth-Communication

The informal exchange of information, opinions, or recommendations about products or services between individuals, without paid advertising.

Customer Lifetime Value

The total worth to a business of a customer over the whole period of their relationship, estimating the net profit attributed to the entire future relationship with a customer.