B Com Exam > B Com Videos > Marketing Management > Sales Promotions - Promotion Tools, Marketing Management
Sales Promotions - Promotion Tools, Marketing Management Video Lecture | Marketing Management - B Com
|
54 videos|51 docs|22 tests
|
FAQs on Sales Promotions - Promotion Tools, Marketing Management Video Lecture - Marketing Management - B Com
| 1. What are some common promotion tools used in sales promotions? |  |
Ans. Some common promotion tools used in sales promotions include discounts, coupons, free samples, contests, and loyalty programs. These tools are designed to attract customers, increase sales, and create brand awareness.
| 2. How do promotion tools contribute to marketing management? | |
Ans. Promotion tools play a crucial role in marketing management by helping companies achieve their marketing objectives. These tools help create awareness about products or services, encourage customer engagement, and drive sales. By effectively utilizing promotion tools, marketing managers can enhance brand visibility, build customer loyalty, and ultimately achieve their sales targets.
| 3. What is the significance of discounts in sales promotions? | |
Ans. Discounts are a popular promotion tool because they provide an incentive for customers to make a purchase. By offering discounts, businesses can attract price-sensitive customers, encourage repeat purchases, and compete effectively in the market. Discounts can also help businesses clear excess inventory, introduce new products, or reward loyal customers.
| 4. How do coupons contribute to sales promotions? | |
Ans. Coupons are widely used in sales promotions as they provide customers with a financial incentive to purchase a product or service. Coupons can be distributed through various channels such as print media, online platforms, or mobile applications. They not only attract new customers but also encourage existing customers to make repeat purchases. Coupons also allow businesses to track the effectiveness of their promotions by analyzing coupon redemption rates.
| 5. What are the benefits of loyalty programs in sales promotions? | |
Ans. Loyalty programs are an effective promotion tool as they encourage customer loyalty and repeat purchases. By offering exclusive rewards, discounts, or special privileges to loyal customers, businesses can strengthen their relationship with them and increase customer retention. Loyalty programs also provide valuable customer data and insights, which can be used for targeted marketing campaigns and personalized promotions.
Related Exams
About this Video
|
4.88/5 Rating |
|
Dec 19, 2024 Last updated |
Video Description: Sales Promotions - Promotion Tools, Marketing Management for B Com 2024 is part of Marketing Management preparation.
The notes and questions for Sales Promotions - Promotion Tools, Marketing Management have been prepared according to the B Com exam syllabus.
Information about Sales Promotions - Promotion Tools, Marketing Management covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Sales Promotions - Promotion Tools, Marketing Management.
Introduction of Sales Promotions - Promotion Tools, Marketing Management in English is available as part of our Marketing Management for B Com & Sales Promotions - Promotion Tools, Marketing Management in
Hindi for Marketing Management course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
Description
Video Lecture & Questions for Sales Promotions - Promotion Tools, Marketing Management Video Lecture | Marketing Management - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for Marketing Management.
Information about Sales Promotions - Promotion Tools, Marketing Management
Here you can find the meaning of Sales Promotions - Promotion Tools, Marketing Management defined & explained in the simplest way possible.
Besides explaining types of Sales Promotions - Promotion Tools, Marketing Management theory, EduRev gives you an ample number of questions to practice Sales Promotions - Promotion Tools, Marketing Management tests,
examples and also practice B Com tests.
|
54 videos|51 docs|22 tests
|
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
video lectures
,Summary
,Sales Promotions - Promotion Tools
,Extra Questions
,Free
,Previous Year Questions with Solutions
,Important questions
,past year papers
,Viva Questions
,Sales Promotions - Promotion Tools
,Marketing Management Video Lecture | Marketing Management - B Com
,Objective type Questions
,MCQs
,Marketing Management Video Lecture | Marketing Management - B Com
,Exam
,ppt
,Sample Paper
,mock tests for examination
,shortcuts and tricks
,study material
,Semester Notes
,Sales Promotions - Promotion Tools
,Marketing Management Video Lecture | Marketing Management - B Com
,practice quizzes
;
Study Sales Promotions - Promotion Tools, Marketing Management on the App
Students of B Com can study Sales Promotions - Promotion Tools, Marketing Management alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Sales Promotions - Promotion Tools, Marketing Management,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Sales Promotions - Promotion Tools, Marketing Management is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup