Definitions for sales promotion
sales pro·mo·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. sales promotionnoun

   promotion that supplements or coordinates advertising

WikipediaRate this definition:0.0 / 0 votes

1. Sales promotion

   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. Sales promotions can be directed at either the customer, sales staff, or distribution channel members (such as retailers). Sales promotions targeted at the consumer are called consumer sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales promotions. Sales promotion includes several communications activities that attempt to provide added value or incentives to consumers, wholesalers, retailers, or other organizational customers to stimulate immediate sales. These efforts can attempt to stimulate product interest, trial, or purchase. Examples of devices used in sales promotion include coupons, samples, premiums, point-of-purchase (POP) displays, contests, rebates, and sweepstakes. Sales promotion is implemented to attract new customers, to hold present customers, to counteract competition, and to take advantage of opportunities that are revealed by market research. It is made up of activities, both outside and inside activities, to enhance company sales. Outside sales promotion activities include advertising, publicity, public relations activities, and special sales events. Inside sales promotion activities include window displays, product and promotional material display and promotional programs such as premium awards and contests.Sale promotions often come in the form of discounts. Discounts impact the way consumers think and behave when shopping. The type of savings and its location can affect the way consumers view a product and affect their purchase decision. The two most common discounts are price discounts (“on sale items”) and bonus packs (“bulk items”). Price discounts are the reduction of an original sale by a certain percentage while bonus packs are deals in which the consumer receives more for the original price. Many companies present different forms of discounts in advertisements, hoping to convince consumers to buy their products.

ChatGPTRate this definition:0.0 / 0 votes

1. sales promotion

   Sales promotion is a set of marketing activities designed to stimulate increased consumer purchasing and dealer effectiveness. These activities may include discounts, samples, gifts, rebates, coupons, sweepstakes, or contests. It serves to attract potential customers, introduce new products, dispose of old or slow-moving stock, increase sales volumes, and stimulate repeat purchases. Sales promotion can be targeted at end consumers, retailers, wholesalers, or the company's sales force.

WikidataRate this definition:0.0 / 0 votes

1. Sales promotion

   Sales promotion is one of the seven aspects of the promotional mix. Media and non-media marketing communication are employed 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 Sales promotions can be directed at either the customer, sales staff, or distribution channel members. Sales promotions targeted at the consumer are called consumer sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales promotions. Some sale promotions, particularly ones with unusual methods, are considered gimmicks by many. Sales promotion includes several communications activities that attempt to provide added value or incentives to consumers, wholesalers, retailers, or other organizational customers to stimulate immediate sales. These efforts can attempt to stimulate product interest, trial, or purchase. Examples of devices used in sales promotion include coupons, samples, premiums, point-of-purchase displays, contests, rebates, and sweepstakes.

Matched Categories

1. • Promotion

How to pronounce sales promotion?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say sales promotion in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of sales promotion in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of sales promotion in Pythagorean Numerology is: 2

Examples of sales promotion in a Sentence

1. Hiromichi Morimoto:

   Asia Pacific region is promising for us, for regional jets. We are right now working really hard on sales promotion in the Asia Pacific region.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=sales promotion
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Sales_Promotion
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=sales promotion