Why are organizations like McDonald's,Wendy's,and Labatt placing more emphasis on sales promotions than ever before?

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Quizplus · Accepted Answer

Sales promotions provide extra incentives for purchasing a brand, which is a key reason why organizations like McDonald's, Wendy's, and Labatt are placing more emphasis on them. This helps in driving sales and attracting customers, without engaging in price wars or relying on coupons. Additionally, with the increasing competition and busy lifestyles of consumers, sales promotions are more effective in capturing their attention and encouraging them to make a purchase.

Why Are Organizations Like McDonald's,Wendy's,and Labatt Placing More Emphasis on Sales