predetermined, demand, sales, gift-with-purchase, purchase-with-purchase
Sales Promotion includes marketing communication activities:- For a __________________ and limited time.- To increase ____________ and stimulate ____________- _________________ (GWP)- ____________________ (PWP)
1. What does predetermined mean in the context of retail sales?
In the context of retail sales, predetermined refers to something that has been decided and planned in advance. This can refer to things like sales goals, promotional events and discounts, and other strategies that have been established before the sales period begins.
2. What is demand in retail sales?
In retail sales, demand refers to the desire or need for a product or service by consumers. This can be affected by a number of factors, including consumer income, current trends, and marketing tactics used to create awareness of the product.
3. What are sales in retail?
Sales in retail refer to the total amount of revenue generated by a business from the sale of goods or services over a certain period of time. This can refer to both actual revenue generated as well as potential revenue if all products were sold at full price.
4. What is a gift-with-purchase in retail sales?
A gift-with-purchase is a promotional offer in which a retailer provides customers with a free gift when they purchase a certain product or spend a certain amount of money. This is often used as a marketing tool to incentivize customers to buy more and increase their overall purchase value.
5. What is a purchase-with-purchase in retail sales?
A purchase-with-purchase is a promotional offer in which a retailer offers customers the opportunity to purchase an additional product at a discounted price when they buy a specific product. This is often used as a way to increase the customer’s overall purchase value and incentivize them to try new products.
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