Q.'A toy Train' free with 'baby powder' is an example of one of the techniques of Sales Promotion. Name the technique and explain three other techniques with examples.
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Start your 14-day free trial to unlock the full solution →Sales promotion covers a variety of short-term incentive techniques used to boost sales; the toy-train-with-baby-powder example is a 'Free Gift,' and other common techniques include price discounts, quantity bonuses, and contests/lucky draws.
Sales Promotion refers to short-term, incentive-based activities designed to encourage the purchase or sale of a product or service. It uses a variety of tools/techniques, including:
Technique illustrated — Free Gift / Premium:
Giving a 'Toy Train' free along with the purchase of 'baby powder' is a classic example of the Free Gift (Premium) technique — an additional item given free, or at a reduced price, to the buyer as an incentive to purchase the main product.
Three other techniques of Sales Promotion, with examples:
- Discount / Price-off: A temporary reduction in the price of a product to encourage quicker or larger purchases. Example: a shampoo bottle marked "20% off" for a limited period.
- Quantity Gift (Bonus Pack): Offering extra quantity of the same product free, instead of a separate gift. Example: a toothpaste pack labelled "125g for the price of 100g — 25% extra free." …
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