BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Buy 2 soaps get 1 soap free. Identify the technique of sales promotion.
A
Quantity gift
B
Product combination
C
Discount
D
Rebate
Explanation: 

Detailed explanation-1: -What Is a BOGO Sale? BOGO (or BOGOF) stands for “Buy One, Get One Free”. It’s a type of sales promotion where customers get a free or discounted product when they purchase another product. BOGO promotions are popular among retailers because they can increase sales of the products being promoted.

Detailed explanation-2: -The sales promotional techniques are: Discounts, vouchers, and coupons. Gifts. Usable benefits.

Detailed explanation-3: -(5) Quantity Gift: Under this method, some extra quantity of the main product is passed on as a gift to the customers. For example, 25% extra toothpaste in a packet of 200 gm tooth paste. Similarly, a free gift of one RICH LOOK shirt on the purchase of two shirts.

Detailed explanation-4: -’Buy three t-shirts and get one t-shirt free’ is an example of one of the techniques of sales promotion.

There is 1 question to complete.