Business Studies, asked by sindamsana5292, 11 months ago

What do you understand by trade promotion techniques ? Also explain the commonly used sales promotion techniques to encourage retailers to sell more.

Answers

Answered by SnehaG
1

Explanation:

Sales promotion is one of the elements of the promotional mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing and publicity/public relations. Sales promotion uses both media and non-media marketing communications for a pre-determined, limited time to increase consumer demand, stimulate market demand or improve product availability. Examples include contests, coupons, freebies, loss leaders, point of purchase displays, premiums, prizes, product samples, and rebates.

Answered by Anonymous
3

Answer:

Sales promotion is one of the elements of the promotional mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing

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