SELECT * FROM question_mgmt as q WHERE id=5332 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=20 AND chapterId=600 and ex_no='2' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th business-studies Marketing discuss the role of lsquo sales promotion rsquo

Question:

Discuss the role of ‘sales promotion’ as an element of promotion mix.

Answer:

Sales promotion refers to all the immediate activities, which are undertaken for the purpose of increasing immediate sales. These activities mainly includes lowering the price, distributing the coupons, conducting contests, giving away of gifts, etc.

Sales promotion refers to short-term incentives to boost sales in a short period and it supplements other promotional efforts such as advertising, personal selling and publicity, aimed at stimulating market demand for products. Companies use sales promotion tools designed specifically to promote sales among different groups as:

  • Customer: Through free samples, discounts and contests.
  • Traders or middlemen: Through cooperative advertising, dealer discounts, incentives and contests.
  • Salespersons: Through bonus, special offers and contests.


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SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='3' AND subId='20' AND ex_no!=0 AND status=1 and id!=5332 ORDER BY last_viewed_on desc limit 0,10

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  • Answered by Ekta Mehta
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  • Answered by Ekta Mehta
  • 4 months ago

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