Nibbles Pet Food Corporation is in the process of developing its new market strategy. The marketing team has already established the company's niche productlong dash premium, organic dog and cat foodlong dashand contracted to sell it in several high-end pet stores. The team has also determined the optimum price to create value for customers and still make a profit. What does the marketing team need to do now?

Question

Business

Elisha Huang

9 June, 04:10

Nibbles Pet Food Corporation is in the process of developing its new market strategy. The marketing team has already established the company's niche productlong dash premium, organic dog and cat foodlong dashand contracted to sell it in several high-end pet stores. The team has also determined the optimum price to create value for customers and still make a profit. What does the marketing team need to do now?

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Answers (1)

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Miya Pruitt · Answer 1

C) Create a promotion strategy to increase customer awareness.

Explanation:

A promotional strategy must follow the company's marketing plan and set the tactics necessary for achieving it successfully. The objective of any promotional strategy is to increase consumer awareness and total product sales. Promotions are basic and essential for every company since the majority of consumers will get to know your product through different promotions.