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The Set of Marketing Activities - Essay Example

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Summary
The paper "The Set of Marketing Activities" highlights that sales promotion is the term used to refer to the different activities of communication that tend to provide consumers, retailers, and wholesalers with added incentives and value so that immediate sales can be stimulated…
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The Set of Marketing Activities
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Extract of sample "The Set of Marketing Activities"

Managers’ tendency to rely on sales promotion has increased over time because sales promotion triggers the buyer action serving as a short-term tool while advertising shapes the attitude of the market toward the brand in the long run (Kotler, 2003). A very effective way of sales promotion is the use of coupons. In this strategy, customers either cut the coupons from newspapers or receive them on their own to be able to buy products at discounts (Rikey, 2012).  Rebates are of two kinds; “an instate rebate, where the discount is taken immediately at the store register, or a mail-in rebate, or MIR, where the customer must fill out documentation, and mail it to receive their refund” (Miller, 2014).

Cooperative advertising programs and sales training programs are means of effecting the support of retailers. Different sales promotion techniques attract professional buyers in the business market. Continuity programs are of huge significance in the travel industry and also have been propagated to the advertisers of business products (O’Guinn, Allen, and Semenik, 2011, p. 568). Repeat purchase is rewarded by continuity programs and rebates.

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