Market analysis is the first step in the promotional planning process.

Name: Market analysis is the first step in the promotional planning process.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Market analysis involves assessing the market environment, identifying the target audience, and understanding their needs and preferences. This information is crucial for developing an effective promotional plan that meets the needs of the target market.

Market Analysis Is the First Step in the Promotional Planning