What Is the Purpose of Promotion to a Business?

Answer

The purpose of promotion in a business is to obtain and retain customers, raise awareness, generate sales and to compete.
Q&A Related to "What Is the Purpose of Promotion to a Business"
If you have a meeting with a customer or supplier and discuss prices and delivery times, sending a follow-up business letter to confirm the agreements made at the meeting is vital
http://www.ehow.com/info_8037891_purposes-business...
Depends what kind of business you want to run. But I would say the general is advertising, no matter what kind of business it is, it needs advertising.
http://www.quora.com/Business-Strategy/What-are-th...
i need know this too for my coursework, any help?
http://wiki.answers.com/Q/What_is_the_purpose_of_a...
A test applied to various transactions. A transaction must serve a bona fide business purpose, other than a tax purpose, to qualify as a valid transaction for tax purposes.
http://www.answers.com/topic/business-purpose
1 Additional Answer
The purpose of promotion in a business is to obtain and retain customers, raise awareness, generate sales and to compete. Each company will use promotion in the way that best suits their message and needs. The promotions are generally necessary to remain competitive within a particular industry.
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