ENTREPRENEURIAL MARKETING
PROMOTION STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A toy in a cereal box is a good example of this consumer promotion activity.
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Premium
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Promotional Tie-In
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Incentive
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Advertisement
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Explanation:
Detailed explanation-1: -A well-known and popular sales promotion is buy one, get one (often referred to as BOGO). There are many examples of ‘buy one’ sales promotions, including: buy one, get one free (BOGOF) buy one, get one for 50% off.
Detailed explanation-2: -Some examples of commonly used sales promotion include giving out coupons or vouchers, temporarily reducing prices through discounts, sampling, offering giveaways, flash sales or buy-one-get-one-free offers, and lots more.
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