Writing about sales promotion tools, Prof. Philip Kotler observes - "they have 3 distinctive characteristics."
Communication: They gain attention and usually provide information that may lead the customer to the product.
Incentive: They incorporate some concession, inducement, or contribution that gives value to the consumer.
Invitation: They include a distinct invitation to engage in the transaction now (offer valid till …or till stocks last)
sales promotion are temporary incentives that a company use to promote its product resulting in inducing the customers to buy now. the main characteristics are:
1)it encourage customers to buy one brand over another by introducing samples,coupons,pop promotions etc.
2) obtaining trial purchase from customers
3)stimulates sales force enthusiasm
4)reinforce advertising
5)pre-empt competition etc
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Sales promotions are designed to bring in customers during a short period of time in order to boost sales. Sales promotions include terms like buy one get one free or one-time only offer.
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1. consumer oriented sales promotion 2. middle man oriented sales promotion 3. sales man ship oriented sales promotion
what is the role of sales promotion for the organozation'
sales promotion dis advantage
The review of literature report on sales promotion can be found by doing an internet search. The review of literature on sales promotion basically talks about various factors that affects the sales promotion.
Marketing is everythig you do to create demand and sales, one of which is sales promotion.
Advertising is the common practice of marketing a product. A sales promotion is something that doesn't last long. For instance, a buy one get one free promotion is a sales promotion.
In sales letter you urge consumer while in sales promotion letter you induce the customer.
we can differentiate between promotion and sales promotion in the following points: 1. meaning 2. scope 3. memory and 4. costs
role of sales promotion in integrated marketing communication
what are the scope of sale promotion
Sales promotion important as it creates awareness for a product or service. This will usually result into higher sales and profits for the company.
Sales promotion depends upon the type of product we are selling.Sales promotion can be through Print Media, Visual media etc.