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How to Make Your Product Promotions More Profitable

  • Product promotions are crucial for retail strategy but need to be profitable to be effective.
  • Deep understanding of target audience and setting SMART goals are essential before launching promotions.
  • Consider financial implications and focus on the perceived value to make promotions more profitable.
  • Utilize limited-time offers, promote effectively, track key metrics, and analyze data to refine future strategies for profitability.

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