Categories: Marketing

Sales Promotion

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p>This strategy is usually used if the distributor is hesitant to carry a product&comma; since it gets its required consumers without having to go to retail outlets&period; &OpenCurlyDoubleQuote;Car dealers often provide a good example of a combination strategy&period; If you pay attention to car dealers&&num;8217&semi; advertising&comma; you will often hear them speak of cash-back offers and dealer incentives&period;”<br &sol;>&NewLine;Because sales promotion is an initiative carried out by an organization to promote a product to ensure increase in sales so it has varied methods of promotion&period; Most of the time&comma; sales promotions are creative and original therefore providing a comprehensive list of all methods is not possible&comma; however some examples of the regularly used sales promotions activities are as follows&colon;<&sol;p>&NewLine;<p>•    Buy-One-Get-One-Free<&sol;p>&NewLine;<p>•    New Media<&sol;p>&NewLine;<p>•    Merchandising<&sol;p>&NewLine;<p>•    CRM &lpar;customer relationship management&rpar;<&sol;p>&NewLine;<p>•    Free gifts<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>•    Discounted prices<&sol;p>&NewLine;<p>•    Free samples<&sol;p>&NewLine;<p>•    Vouchers &amp&semi; coupons<&sol;p>&NewLine;<p>•    Joint promotions<&sol;p>&NewLine;<p>•    Competitions and prize draws&sol;Cause-related or fair<&sol;p>&NewLine;<p>•    Finance deals<&sol;p>&NewLine;<p>Sales promotion is directed at sales staff&comma; customers and distribution channel members which may include wholesalers&comma; retailers etc&period; When targeted at consumers it is called consumer sales promotion&comma; when it is targeted at wholesalers and retailers it is called trade sales promotions&period; However by many it is considered as &OpenCurlyQuote;gimmick’ because of the unusual methods some marketers use for sales promotion&period;<&sol;p>&NewLine;<p><strong>Written By<&sol;strong><&sol;p>&NewLine;<p><strong>Hannah Paul<&sol;strong>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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