The importance of a circular letter
Circular letters basically used to gain the support of the readers. It helps to promote the business. Major importances of a circular letter can be explained in the following manner:1. Gain support:
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circular letters help the firm to gain support of a large number of people for its products or services.
2. Promote goodwill:
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Through circular letter people become aware of the service offered by a company. As a result it helps to promote the goodwill of the firm.
3. Increase of sales:
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Another significant aspect of a circular letter is, it also helps to increase the volume of sales.
4. Cost saving:
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As a large number of people can be informed through a circular letter, it is also helpful for saving the cost of publicity.
5. Expansion of Business:
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As goodwill can be promoted through a circular letter, thus the scope of the business cab be expanded.
6. Introducing new products:
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Circular letters play vital role in introducing new products or services to people.
7. Creation of consciousness:
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Circular letters are renowned for creating consciousness among the people.
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Mutual relationship between the producer and consumers can be established through circular letters.
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