Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Chapter 18, Problem 9AMK
Summary Introduction

To evaluate: The sales promotion options, and to provide recommendation to the bank for the given situation.

Introduction:

Customer-oriented sales promotion is also known as customer promotion. It consists of sales promotion tools that help a company’s personal selling and advertising directed to the final customers.

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Students have asked these similar questions
Federated Banks is interested in consumer-oriented sales promotions that would encourage older adults to direct deposit their Social Security checks with the bank. Evaluate the sales promotion options, and recommend two of them to the bank.
Federated Banks is interested in consumer-ori-ented sales promotions that would encourage se-nior citizens to deposit their Social Securitychecks with the bank. Evaluate the sales promo-tion options, and recommend two of them to thebank.
Choose two companies, one a consumer products company and the other an on-line retailer. Conduct some research on these two companies in terms of their promotional practices; Describe some of the types of promotions that these companies have engaged in during the last year -- for example, ran television ads, sponsored an event, held a sweepstakes, etc. To the best of your abilities, determine the objective of each promotion in relation to the AIDA model. Also note if the companies' promotions are integrated or not.
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