as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what strategies can a company use to promote a new product?
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companies can promote a new product by using strategies such as conducting market research to understand customer needs and preferences, developing a marketing strategy to create an attractive brand image and engage customers, launching advertising campaigns on various media platforms, creating digital content to reach a larger audience, offering free trial periods, holding promotional events in target markets, and offering price discounts to drive sales.
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