Consumer promotions are geared toward customer needs and wants. Q. Dealers are also induced to introduce new products and services in the market. Coupons: The distribution of coupons is a common sales promotion tactic to encourage customer sales. 180 seconds . Example of Consumer Sales Promotion. Which of the following is an example of a promotional activity that combines several of the promotional mix elements: answer choices . Which of the following is NOT considered to be an objective associated with the use of sales promotions? In earlier days, sales promotion meant clearing out some old stocks or to put some extra pressure behind slow moving products. Advantages of Sales Promotion. Maria: Definition. The Sales Promotion tools are directed towards Consumers (Consumer promotion tools), Dealers or middlemen (Trade promotion tools), and Sales force. These include: Helps Create Awareness of New Products – Sales promotion is a highly effective methods for exposing customers and business partners to new products and for moving customers to take an action (e.g., sample a product). Sales promotion is often used to motivate prospective consumers to try new products and services. Advertising and Sales Promotion. Business organizations spend a considerable amount of their budget towards the Sales Promotion activities. Sales promotion can prove useful for marketers in several ways. Flash Sale. Personal Selling 2. A delayed: Term. Attitudes toward a brand result from a combination of _____ attitude-formation processes. There are many types of consumer promotions to boost sales and keep the customer coming back. Other Forms of Promotion. Sales promotion is usually targeted at the fence sitters and brand switchers. Which of the following is a strategy that involves a company "ambushing" consumers with promotional content in places consumers would typically not expect to see information about a product or service? Increase the Sales . Consumer promotions are incentives aimed toward a company’s customers. Big discounts may be as old as the trade industry, but it’s an evergreen method of increasing sales volume. Advantages of Sales Promotion. In other words, the AIDA model is an applied stimulus-response model. Consumer Sales Promotion: Definition and Purpose 6:00 Trade Sales Promotion and the Promotional Marketing Mix 5:03 Customer Relationship Management and Marketing Technology 5:49 Marketeers can reap the following advantages from the implementation of appropriate sales promotion technique: 1. Packaging 8. Advertising is the best promotional mix element. Hence it becomes inevitable to enquire about its influence on Consumer Behavior. Coupons. This research on the impact of increasing sales promotion activities of consumer goods in Nigeria, using Nigerian bottling company as a case study is aimed at knowing exactly what impact sales promotion activities have on their profit, sales of Nakita: Definition. Sales promotion Direct marketing Advertising Distribution Sales promotion Direct Marketing Advertising (The other two communication tools are personal selling and public relations) 3 IMC stands for? Personal selling and advertising are the two best known forms of promotion. The pres An example would be offering 20% off on certain products to the customers. Sales Promotion 4. Rapid growth: A decade ago, ad-to-sales promotion ratio was about 40:60, now is like 25:75 & growing. Answer: TRUE: 66) Trade promotion is directed at end consumers. To get you started with this worthwhile strategy, here are 15 sales promotion ideas, accompanied by real examples, and categorized by the business goals they can help you achieve. Sales promotion helps in increasing sales in a short span of time. We all wait for the summer/winter clearance sale to finally buy items we’ve spotted but couldn’t afford to buy during the season. It was totally sporadic and unplanned. Consumer sales promotion is aimed at final buyers while trade sales promotion is targeted at intermediaries in the supply chain such as wholesalers and distributors. Download our FREE Ebook 'Top 10 Best Sales Promotions of all Time' Which features 10 Case studies of Top Sales Promotions in Action. When the sales promotion strategies are targeted to the end consumers, it is referred to as consumer sales promotion. As an additional incentive to buy, these tools can be directed at consumers, retailers and other distribution partners, or the manufacturer’s own sales force. This activity contains 28 questions. Sponsorship . The objectives of a sales promotion is to increase consumer demand, stimulate market demand, to get potential buyers to heed a call to action, increase the size of purchases and improve product availability using media and non-media marketing communications. There can be a number of sales promotion objectives, depending upon the firm’s policies, marketing objectives, nature of the product and its stage in product life- cycle, level of existing and anticipated competitive activity, consumer response pattern, economic conditions, and the target group (consumers, traders, or sales force), etc. Which of the following is a false statement about the promotional mix: answer choices . Publicity 5. 2. ANSWER: (3) Rebate/cash refund offer. A Delayd: Term. We'll cover promotions to increase sales, to encourage repeat business, and to boost brand awareness. Advertising, Sales Promotion, Publicity and Public Relational activities; A new product needs ideas, Developments, concepts and improvements. Which of the following is NOT a functional benefit. C) sponsorships. Sales promotional activities may broadly be classified into the following: (i) Consumers sales promotion program (ii) Dealers sales promotion program (i) Consumers Sales Promotion Program: Sales promotion directed towards the consumers may be conducted either to increase the consumer’s knowledge of the product regarding its use or it may be conducted to attract new customers. 3. A) sales promotion. These tools are unique in their way and directed differently to these three groups. In business-to-business markets, sales promotions are also used as a means of moving customers to action. Chapter 16 Personal Selling and Sales Promotion 1) Which of the following elements of the promotion mix involves making personal connections with customers for the purpose of making sales? A Hedonistic: Term. Promotions are used to gain potential customers or keep current customers satisfied. View answer. Sales promotional activity for the product is selected looking at the overall marketing objective of the company. 65) "Sales promotion" involves boosting sales in short term. primary and secondary; linear and non-linear; associative and non-associative; central- and peripheral-route; None of the above. Similarly, discounts in cash or goods may also be offered to dealers to stock new products or deal with new services. Usually, free samples are provided through dealers during such introduction. B) guerrilla marketing. Change of Attitude. Q 4 Q 4. Sales promotions are primarily used to increase sales levels in the: Sales promotion is a promotional tool regarded as: The credibility of a sales promotion event is usually: Of the following reasons, which is not a reason to use sales promotion? Public Relation 6. Generally sales promotion provides an incentive for purchase. However, the promotional choices available to the B-to-B marketer are not as extensive as those found in the consumer or trade markets. Companies use market researchers to develop consumer promotion ideas. The common thread among all hierarchical models is that advertising operates as a stimulus (S) and the purchase decision is a response (R). Definition. Advertising 3. Term. Sales promotion activities include special offers, displays, demonstrations, and other nonrecurring selling efforts that aren’t part of the ordinary routine. The use of ____ would be suggested for manuf. It was then, only a minor activity related either to advertising or to personal selling.. integrated marketing communications 4 Desirable outcomes of _____ marketing include direct orders, leads and traffic. Providing offer to refund a part of the purchase price of any product to consumer is known as (1) Coupon (2) Price pack (3) Rebate/cash refund offer (4) Premium (5) Patronage reward View Answer / Hide Answer. Sales promotion consists of all those activities whose purpose is to supplement, to coordinate and to make sure more effective the efforts of the sale force, of the advertising department, and of distributors and to increase sales and otherwise stimulate consumers to take greater initiative in buying. Sales Planning, Strategy and Implementation; A philosophy that stresses customer value and satisfaction. 1. So basically, these are different tools with purpose of encouraging consumers, dealers as well as the company’s sales force. Television commercials . sales promotion activities all over the world. E) crowdsourcing A flash sale is basically an offer that only lasts for a limited time and it’s a great way to create a sense of urgency for the customer to buy. Sales promotion consists of marketing activities—other than personal selling, advertising, and public relations—that stimulate consumers to buy. Q5. Answer: TRUE: 68) Pull promotion activities give the intermediaries incentives … The final selection of the consumer promotional tools needs to consider target audience, budget, competitive response and each tool’s purpose. Sales promotions ideas & examples 1. Answer: FALSE: 66) Trade promotion is directed at end consumers. Sales promotion ideas and examples to increase sales. JULIE: Definition. Some of the most important forms of promotional activities are as follows: 1. These activities include coupons and samples, displays, shows and exhibitions, demonstrations, and other selling efforts. Action – The consumer forms a purchase intention, shops around, engages in trial or makes a purchase; Some of the contemporary variants of the model replace attention with awareness. Direct Mail 9. 2. Sales promotion examples are all around us. Sales presentations . SURVEY . Examples of incentive for consumer sales promotion are discounts, free gifts, redeemable loyalty points, vouchers / coupons, … Tags: Question 5 . BIG discounts. The use of sales promotion is not limited to consumer products marketing. The main motive of consumer-oriented promotion is to increase sales directly by attracting new customers and wooing existing ones. It can eliminate idle cycles in some specific goods. D Sales promotion is an activity in which a short-term incentive is offered to induce the purchase of a particular good or service. Consumers who take part in sales promotions receive utilitarian, or functional, benefits. The sector is characterised by products having . D) internal PR. Sales Promotion Techniques. Point of Purchase Display 7. It includes tools for consumer promotion, trade promotion & business & sales force promotion. Correct answer: (D) central- and peripheral-route. Achieving a need for stimuluation. 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