Zero percent financing is nothing more than a really good marketing tool.
True

Zero percent financing is nothing more than a really good marketing tool. This is a true statement.

Explanation:

Zero percent financing refers to loan with zero interest for short period of time. This is one of the strategies followed by many organizations to sell their products.

Marketing is the process of promoting the product. Marketing helps the customer to know about the product. Buying or selling of the product is increased with the marketing.

Some of the marketing strategies followed by the marketing team are: personal selling, financing, repetition and product positioning.

It is mandatory for every organization or business to have a marketing team. The marketing team engages in promoting the product or service provided by their company. Marketing plays an important role in deciding the success or failure of the product.

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