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Promotional mix refers to the combination of communication tools and techniques used by a financial institution to inform, persuade, remind, and influence target customers about its financial products and services. In the financial services sector, promotional activities are designed not only to create awareness but also to build trust, credibility, and long-term relationships, since financial products involve high customer involvement, perceived risk, and regulatory compliance. An effective promotional mix enables financial institutions to communicate product features, benefits, risks, and value propositions to potential and existing investors. The different components of the promotional mix of a financial product are as follows: Advertising: Advertising is a paid form of non-personal communication through newspapers, magazines, television, radio, websites, social media platforms, search engines, mobile applications, and outdoor media. Financial institutions advertise products such as mutual funds, insurance policies, fixed ____ __________ __________ __________ ____ _____ ___ ____ _________ ________ ___.
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