The primary goal of marketing tactics utilised during the growth stage is to boost earnings.
What are two promotional actions that brands should do, and what is the promotional goal for a product in the growth stage of the product life cycle?
The main goal of promotional efforts is to influence consumers to choose the product over alternatives. To increase brand preference and secure distribution, promotional components are chosen.
What is the product life cycle's growth stage?
Consumers begin to take action during the growth stage. They purchase the item, which raises sales by becoming well-liked. As the product gains greater popularity and sales, other businesses take note as well.
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