Asked by Collin Shelts on Feb 18, 2024
Verified
The activities that involve all the ways in which companies tell their customers about their offering is known as ______.
A) branding
B) positioning
C) promotion
D) the pitch
Positioning
A marketing strategy that focuses on how your customers think or talk about product and company relative to competitors.
- Understanding the different ways in which companies communicate with their customers
- Identifying the various components of a company's communication strategy
- Recognizing the importance of effective communication in promoting a company's offering
Verified Answer
TS
Tasnem SidawyFeb 18, 2024
Final Answer :
C
Explanation :
Promotion refers to the various activities that companies use to communicate the value of their products or services to their target customers. This can include advertising, sales promotions, personal selling, public relations, and direct marketing. Branding, on the other hand, is the process of creating a unique name, design, and image for a product or service in the minds of consumers. Positioning is the process of identifying a specific market niche and tailoring a marketing mix to meet the needs and preferences of that target market. The pitch refers to a persuasive message that is designed to convince someone to buy a product or service.
Learning Objectives
- Understanding the different ways in which companies communicate with their customers
- Identifying the various components of a company's communication strategy
- Recognizing the importance of effective communication in promoting a company's offering
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