Question

Identify the type of marketing strategy based on the given scenario.

A company dealing in sports apparel and footwear is looking to advertise its products. At an upcoming sporting event, the company decides to pay a sum of amount to the organizers of the event to display the company’s ads at the event.
This marketing tool is called ___________

Answer 1

Answer:

The marketing strategy is called sponsorship

Explanation:

The company is using an event containing a lot of people to show off its products and eventually gain more customers.

Answer 2

Yes he is correct!!!!!:)on