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Question
All premiums help to increase the sale. Which of the following are the examples of types of premium?
Options
With pack premium
Price off premium
Permits premium
Less quantity premium
Solution
With pack premium and Price off premium
Explanation:
Premiums can be of following types:
- With pack premium: In which the bonus item is included either inside or outside the package, e.g., one spoon free in the packet of Horlicks.
- Price off premium: Which implies a reduction in price on the purchase of a large or economy pack. e.g. save ₹ 5 on purchase of family pack.
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