Which of the following statements is true of reminder promotion? a. It prevails during the maturity stage of the product life cycle. b. It is designed to stimulate a purchase or an action. c. It prevails during the growth stage of the product life cycle. d. It forms relationships with customers through technological ties.

Question

Business

Jacey Wallace

6 November, 02:45

Which of the following statements is true of reminder promotion? a. It prevails during the maturity stage of the product life cycle. b. It is designed to stimulate a purchase or an action. c. It prevails during the growth stage of the product life cycle. d. It forms relationships with customers through technological ties.

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Answers (1)

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Mathew Hester · Answer 1

The correct answer is: It prevails during the maturity stage of the product life cycle.

Explanation:

A business with large funds can make more effective use of advertising than a company with limited financial resources.

For its part, a low-budget strategy such as reminders is limited by the imagination of the seller. The so-called virtual or viral marketing includes creating a company or brand to other people.