Answer the following statement(s) true (T) or false (F)
1. The advantage that sales promotions have over advertising is that they are measurable and they can often motivate consumers to buy larger quantities or try new brands.
2. Sales promotion is more oriented to techniques used to stimulate demand and attract attention in the consumer market.
3. A coupon entitles a buyer to a designated reduction in price for a product or service, and is the oldest and most widely used form of sales promotion.
4. One of the more noteworthy examples of promotions depicted in the book is by Axe; Axe did one of the most unusual promotions by offering consumers a chance to go to space.
5. Objectives for consumer-market sales promotion include stimulating a trial purchase, repeat purchases, larger purchases, or to introduce a new brand, service, or product.
1. True
2. True
3. True
4. True
5. True
You might also like to view...
Costs incurred in customer service are categorized as ________
A) prevention costs B) appraisal costs C) internal failure costs D) external failure costs
In determining gain or loss on real property acquired by purchase, for federal income tax purposes, the term "unadjusted basis" most nearly means:
A: Original cost; B: Original cost plus improvements minus losses; C: Original cost plus or minus improvement costs, losses and depreciation; D: Original cost minus losses.