Sales promotion is important because it enables a business to
create competition between different products
fix prices for its products and services
locate customers in different areas
stimulate demand for its products
Correct answer is D
Sales promotion is important because it enables a business to stimulate demand for its products. Sales promotion activities are designed to attract customers, increase sales, and create interest in a company's products or services. By offering incentives, discounts, special deals, or other promotional activities, businesses can encourage customers to make purchases, try new products, or become repeat buyers. Sales promotion helps create a sense of urgency or excitement around a product, which can lead to increased customer interest and demand. Ultimately, sales promotion helps businesses generate sales, boost revenue, and build customer loyalty.
