How to optimise price cuts, promo mechanics and display support of promotion?
Promotion optimization is the process of designing and implementing promotional campaigns in a way that maximizes their effectiveness and ROI. This can involve a wide range of activities, such as identifying the target audience for the promotion, developing marketing materials and messaging, determining the best channels for reaching the target audience, and evaluating the results of the promotion to identify areas for improvement.
Promotion optimization can be applied to a variety of types of promotional campaigns, including sales promotions, advertising campaigns, and loyalty programs. It is an important part of the overall marketing strategy for many businesses, as it helps to ensure that promotional efforts are aligned with business goals and are delivering the desired results.
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