Describe the promotion tools used by retailers
What will be an ideal response?
Retailers use any or all of the five promotion tools — advertising, personal selling, sales promotion, public relations (PR), and direct marketing — to reach consumers. They advertise in newspapers and magazines and on radio, television, and the Internet. Advertising may be supported by newspaper inserts and catalogs. Store salespeople greet customers, meet their needs, and build relationships. Sales promotions may include in-store demonstrations, displays, sales, and loyalty programs. PR activities, such as new-store openings, special events, newsletters and blogs, store magazines, and public service activities, are also available to retailers. Most retailers also interact digitally with customers via Web sites and digital catalogs, online ads and video, social media, mobile ads and apps, blogs, and e-mail. Almost every retailer, large or small, maintains a full social media presence.
You might also like to view...
With which of the following does the indirect method of preparing the statement of cash flows begin?
A. Collections from customers B. Cash sales C. Net income D. Adjustments to reconcile net income to net cash provided by operating activities
All active Florida real estate brokers are required to have an office.
a. true b. false