promotion

US /prəˈmoʊ.ʃən/
UK /prəˈmoʊ.ʃən/
"promotion" picture
1.

the publicizing of a product, organization, or venture so as to increase sales or public awareness.

:
The company launched a new promotion for their latest smartphone.
They are running a special promotion this week.
2.

the action of raising someone to a higher position or rank or the fact of being so raised.

:
She received a promotion to senior manager.
His hard work led to a quick promotion.