The marketing activity that stimulate immediate demand for a product is?
Answer Details
The marketing activity that stimulates immediate demand for a product is called sales promotion. Sales promotion is a marketing strategy that is designed to encourage customers to buy a product or service by providing them with an incentive to do so. These incentives may include discounts, coupons, free samples, or other promotions that are designed to make the product more attractive to customers. The goal of sales promotion is to increase sales in the short term by creating a sense of urgency or excitement about the product. Unlike advertising or publicity, which are designed to build long-term brand awareness, sales promotion is focused on generating immediate sales. It is a key element of many marketing campaigns and can be an effective way to boost revenue and increase market share.