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.
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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