promotion Flashcards
BOGOF/2 for 1
buy one get one free. a customer purchases one product and receives another for free
loyalty cards
a customer receives points/credit for making continued purchases (eg Boots Advantage Card)
coupons
collectable vouchers which can be redeemed in store when purchasing a product
discounts
reducing prices for a short period of time (e.g. 20% off sale)
competitions
being entered into a draw to win a prize when making a purchase
free gifts
a customer receives an extra item with their purchase (eg a free case when buying an iPhone)
sponsorship
a business provides funding for an event/cause in return for publicity and media exposure (eg Coca Cola sponsoring olympics)
product placement
a business pays for products to appear in films, TV shows or video games
celebrity endorsement
a business pays a celebrity to publicly support/use their products/services (eg Gary Lineker for Walkers crisps)