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What is sales promotion? - Commercial Applications

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What is sales promotion?

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Sales promotion means short-term incentives of a nonrecurring nature used to stimulate consumer purchasing and dealer effectiveness. The main purpose of sales promotion is to obtain spot buying by offering nonrecurring and non-routine incentives. 

Sales promotion activities help launch new products, make immediate sales, clear overdue stocks, and meet competition. They also encourage consumers to shift to another brand. Examples of sales promotion techniques include the distribution of free samples, coupons, free gifts, exchange offers, prize contests, etc.

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Concept of Sales Promotion
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Advertising and Brand Promotion - EXERCISES [पृष्ठ ५७]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 3 Advertising and Brand Promotion
EXERCISES | Q 1. a | पृष्ठ ५७
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