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MK 6.04 Sales Promotion Vocabulary

AB
trade promotionfor manufacturers, wholesalers and retailers
promotional allowancediscounts/cash payments for stocking large quantities
slotting allowancecash premiums paid to help retailers stock a new product
sales force promotionincentives fro salespeople to meet/exceed their quota
trade showconvention to showcase products
couponcertificate to provide cash discounts/money off
premiuminexpensive item given away at a discount/free
dealpackages offering similar products together for a temporary price break
incentivescontests, games, sweepstakes, or rebates to increase sales
product samplesfree trial sizes given way to potential customers
sponsorshipcompany pays for right to promote itself at a location/event
promotional tie-intwo companies combine efforts & resources to create sales
product placementusing brand name products in TV shows, movies, etc
loyalty marketing programdesigned to reward custmomers for continued patronage
point-of-purchase displaydisplays in high traffic areas to encourage impulse buys


Raleigh, NC

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