Question

In: Accounting

Choose an engineering product that you want to sell. Describe the four methods of promotion that...

Choose an engineering product that you want to sell. Describe the four methods of promotion that you may consider for your product and choose the best one for your particular product. Give reasons for them.

Solutions

Expert Solution

Robotic Mchines is the one that is want to sell.

Promtion is needed to attaract the new customers and to hold the exising customers to counteract the compition to take the advantage of oppournties that are revealed by the market reserch.

Meathods for promotion:

  1. Dealers Contests
  2. Promoting our product with Email marketing
  3. Use sponsered content
  4. Invest ia chat bot.

The best one of the above promotion meathods is 3 rd option that is USE SPONERED CONTENT.

Sponsered content can form part of marketig strategy but with caution.

Sponsership is where you blend with your products into somebody else's publication.

Sponsership works bacause it steps away from the norms of investive advertising, it make the marketers to think of better ways to show content.

Cosisdering the targeting and publication audiances may have already have interest in your product or easily proceded to cosisder it.

Sponsered content is better works than traditional.

Sponsered content is mutually benifical a content creater gets funding and a product creater gets audiances.


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