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17.2 - Types of Promotion (Promotion)

AB
Sales promotionsincentives that encourage customers to buy
Trade promotionssales promotions designed to get support for a product from manu., wholesalers & retailers
Consumer promotionssales strategies that encourage customers and prospects to buy
Couponscertificates that entitle customers to cash discounts
Premiumslow-cost items given to consumers at a discount or for free
Incentiveshigher priced products earned or given away through rebates, contests, sweepstakes
Promotional tie-inscross-promotion & cross-selling campaigns
Cross-promotion (cross-selling)involve sales promotional arrangements btwn one or more retailers or manufacturers--popular on Internet


Lincoln County School of Technology
Lincolnton, NC

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