What is a primary goal of promotional strategies?

Disable ads (and more) with a membership for a one time $4.99 payment

Prepare for the UCF MAR3407 Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Master Integrated Marketing and Sales.

The primary goal of promotional strategies is to reach potential customers. This involves creating awareness about a product or service in order to attract interested buyers. Effective promotional strategies engage the target audience through various channels, including advertising, public relations, social media, and events. By effectively reaching potential customers, businesses can drive sales, build brand loyalty, and establish a market presence.

Promotional strategies are not focused on establishing production pipelines, which instead pertains to the logistics and supply chain management of getting products to market. While reducing expenses can be a side effect of effective marketing efforts, it is not the main aim of promotional strategies. Similarly, employee satisfaction is important for internal management but does not directly relate to the goals of a promotional strategy aimed at external markets. Therefore, the emphasis on reaching potential customers distinctly outlines the core focus of promotional activities in marketing.