MANAGEMENT

Detailed explanation-1: -Sales promotion is the short term incentives given to consumers to accelerate the sale. It gives them a reason to buy the product by providing attractive offers like discount coupons, contests, premiums, samples, sweepstakes, price packs, low-cost financing deals, and rebates.

Detailed explanation-2: -Sales promotion refers to short-term incentives that are designed to encourage the buyers to make an immediate purchase of a product or service in a short-term period.

Detailed explanation-3: -A sales promotion is a marketing strategy in which a business uses a temporary campaign or offer to increase interest or demand in its product or service.

Detailed explanation-4: -Sales promotion consists of short-term incentives to encourage the purchase or sales of a product or service. Whereas advertising offers reasons to buy a product or service, sales promotion offers reasons to buy now.