Sales Promotion
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Transcript of Sales Promotion
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Sales Promotion
Sales promotion is one of the four aspects of promotional mix.
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Examples include contests, coupons, loss leaders, point of purchase displays, premiums, prizes, product samples, and rebates.
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Sales promotions targeted at the consumer are called consumer sales promotions.
Sales promotions targeted at retailers and wholesale are called trade sales promotions.
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1) Loyal Reward Program: Consumers collect points, miles, or credits for purchases and redeem them for rewards.
Consumer Sales Promotion Techniques
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2) Cents-off deal: Offers a brand at a lower price. Price reduction may be a percentage
marked on the package..
Consumer Sales Promotion Techniques
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3) Price-pack deal: The packaging offers a consumer a certain percentage more of the product for the same price (for example, 25 percent extra).
Consumer Sales Promotion Techniques
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4) Coupons: coupons have become a standard mechanism for sales promotions
Consumer Sales Promotion Techniques
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5) Free-standing insert (FSI): A coupon booklet is inserted into the local newspaper for delivery.
Consumer Sales Promotion Techniques
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