Lesson 26 Flashcards

1
Q

Cash discount

A

Offer to purchasers to encourage quick payment

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2
Q

Trade discounts

A

Offered to channel members to encourage performance

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3
Q

Quantity discounts

A

Offer to customers to promote volume

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4
Q

Seasonal discounts

A

Offer to channel members to accommodate long sales processes

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5
Q

Promotional allowances

A

Offer to channel numbers to execute promotion activities

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6
Q

Which type of discount is provided to incentivize channel members to perform specific functions or services related to a product

A

Trade discounts

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7
Q

Some geographic locations become a part of pricing based on the transportation of goods this results in pricing strategies such as

A

Free on board FOB, uninformed delivery, and zone pricing

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