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Sales Promotion Short term incentives, offered to customers to encourage buying.

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Presentation on theme: "Sales Promotion Short term incentives, offered to customers to encourage buying."— Presentation transcript:

1 Sales Promotion Short term incentives, offered to customers to encourage buying

2 Types of Sales Promotions Trade promotions Consumer Sales Promotions Incentives Product Samples Promotional Tie-Ins Product Placement Loyalty Marketing Programs

3 Trade Promotions Slotting Allowances – cash paid to retailer for the costs of placing on shelves Buying Allowances – price discounts by manufacturer to the retailer Trade shows and conventions Sales incentives – rewards for selling products

4 Consumer Sales Promotions Premiums – low cost items given to customers at a discount or for free Include: Coupons – individual or program Factory packs or in-packs – free gifts placed inside package Traffic builders – give aways to come to a special event

5 Incentives Higher priced items earned and given out through contests Include: Sweepstakes Rebates

6 Product Samples Free trial size of a product Get at: Mall Door to door Mail In store or trade show Magazine

7 Promotional Tie-In Arrangement with other manufacturer to create additional sales for both parties Examples: Happy Meals Ford F150 Harley Davidson Edition

8 Product Placement Feature a product in TV shows or movies Example: Burger King Western Burger and The Apprentice

9 Loyalty Marketing Programs Reward customer for making multiple purchases aka Frequent Buyer Programs Examples: Coffee Cards Frequent Flyer Miles


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