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Review of terms and concepts of Sales Promotions

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Term
Definition
show Marketing communication activities, other than advertising, personal selling, and PR, where short-term incentives motivate consumers/members of the distribution channel to purchase a product immediately by lowering the price or adding a value.  
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show Sales promotion activities targeting the ultimate consumer.  
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show Sales promotion activities targeting a channel member, such as a wholesaler or retailer.  
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show A certificate that entitles consumers to an immediate price reduction when they buy the product.  
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Rebate   show
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Premium   show
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show A promotional program designed to build long term, mutually beneficial relationships between a company and its key customers.  
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Frequent Buyer Program   show
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show One is a promotion in which participants use some skill or ability to compete for prizes and the other is based on luck, game of chance.  
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Sampling   show
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Point-of-Purchase Display   show
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show A price reduction offered by manufacturers to intermediaries, such as wholesalers and retailers.  
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show Money offered to channel intermediaries to encourage them to "push" products - that is, to encourage other members of the channel to sell the products.  
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Created by: knkeller
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