Usage Note
Promocionar specifically means to promote in the marketing/commercial sense (promocionar un producto) rather than the career-advancement sense, for which ascender or promover are preferred. It is a regular -ar verb. The related noun promoción covers both 'promotion' (marketing) and a graduating cohort (la promoción de 2024).
Examples
"La empresa quiere promocionar sus nuevos servicios."
Natural Translation
The company wants to promote its new services.

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