Asked by
Nathan Banks
on Nov 22, 2024Verified
What is the most common type of sales promotion?
A) rebates
B) coupons
C) samples
D) contests and sweepstakes
E) loyalty programs
Sales Promotion
A marketing strategy employing short-term incentives to encourage the purchase or sale of a product or service.
Coupons
A discount or offer that can be redeemed for goods or services, often as a part of promotional efforts.
Rebates
Partial refunds offered to purchasers of a product, typically used as a promotional tool to encourage sales.
- Acquire knowledge about assorted sales promotion methods and their strategic implementation for marketing purposes.
Verified Answer
SH
Learning Objectives
- Acquire knowledge about assorted sales promotion methods and their strategic implementation for marketing purposes.
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