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Unit 2. Consumer Promotions. Consumer Promotions. Sales strategies that encourage customers and prospects (potential customers) to buy a product or service Supports advertising, personal selling and public relations efforts Your Task:
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Unit 2 Consumer Promotions
Consumer Promotions • Sales strategies that encourage customers and prospects (potential customers) to buy a product or service • Supports advertising, personal selling and public relations efforts Your Task: Define each of the types of Consumer Promotions and give an example of how it has been used (real world) • Coupons • Premiums • Deals • Incentives • Product Samples • Sponsorship • Promotional Tie-Ins/Cross-Selling/Cross-Promotion • Product Placement • Loyalty Marketing Programs • Online Loyalty Mktg Programs • Point-of-Purchase Displays