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What is sales promotion?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Sales promotion is a combination of various marketing and sales activities designed to attract and increase consumer interest in a particular product or service. Such activities often include advertising, promotions, sales price reductions, gifts, contests, and events designed to increase customer interest in a product or service and drive sales.
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What is campaign planning?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Campaign planning is a process used to create and implement a campaign. It is a four-step process that identifies the goals of the campaign, identifies the target audience, establishes the message and strategy, and finally implements and tracks the campaign. The campaign planning process is an essential part of marketing strategy because it enables organizations to achieve their goals.
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What is advertising?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Advertising is the art of getting people to buy or use a product or service. It is one of the most important marketing tools that companies can use to promote their products or services and reach out to potential customers. Advertising can be published in various media such as print, radio, TV, online and social networks.
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What is a forecasting tool?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A forecasting tool is a program or system used to predict future events or outcomes. It is commonly used in various industries, including finance, marketing, business, and weather. Forecasting tools can use different types of methods and algorithms to analyze data and make predictions. These include simple statistical analysis, complex machine learning algorithms, regression analysis, and data mining techniques.
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What is education marketing?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Education marketing is a specialized area of marketing that focuses on the promotion of educational offerings and programs. It is used to help schools, universities, continuing education programs, vocational training, and other education providers attract students. Education marketing includes various techniques, including online ads, social media campaigns, email marketing, content marketing, and event marketing. The purpose is to give potential students a clear understanding of the programs and motivate them to apply.
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