Point of Purchase (POP) Displays are promotional tools used by retailers near the checkout area to increase sales through consumer engagement and strategic product placement.
Rebates: A financial mechanism where consumers receive a refund after making an initial full-price purchase. Understanding the concept, types, benefits, and examples.
Couponing is an advertising method where vouchers are distributed to consumers, allowing discounts on merchandise or services purchased within a stated period of time. It provides an incentive for increasing sales.
Merchandising involves the strategic planning of marketing the right merchandise or service at the right place, right time, right quantities, and right price, along with various promotional sales activities.
Comprehensive overview of the Promotion Mix that supports marketing objectives through various techniques such as advertising, personal selling, publicity, and sales promotion.
Sampling refers to the selection of a subset of individuals from a larger population to represent the whole. It is widely used in marketing research for studying group behaviors and in sales promotion to encourage product usage.
Trade Allowance is a producer discount provided to distributors or retailers to stimulate sales. This article provides a comprehensive guide on its types, benefits, drawbacks, historical context, and frequently asked questions.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.