Marketing Management MK 323
Marketing Management MK 323
16th Edition
ISBN: 9781308856322
Author: Grewal
Publisher: McGraw Hill
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Chapter 18.7, Problem 1CY
Summary Introduction

To state: The various forms of sales promotion.

Introduction: The communication process is an integrated effort made by the marketers to make the target audience aware of a particular product or service in the market. It uses a variety of communication tools, which involves personal selling, online marketing, sales promotion, public relations, direct marketing, and advertisements. It helps in creating clarity and maximum communicative impact on the target audience.

Expert Solution & Answer
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Explanation of Solution

Sales promotion is one of the most important promotional tools. Sales promotions are short-term incentives given to customers to initiate the purchase or to encourage the customers to repurchase a product or service. The incentives can be in different forms.

The various forms of sales promotions are as follows.

  • Coupons
  • Point of purchase displays
  • Demonstrations
  • Samples
  • Contests
  • Specialty advertising
  • Rebates
  • Sweepstakes
  • Premiums
  • Discounts

Hence, the various forms of sales promotions are listed as above.

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