promotion Flashcards

1
Q

BOGOF/2 for 1

A

buy one get one free. a customer purchases one product and receives another for free

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2
Q

loyalty cards

A

a customer receives points/credit for making continued purchases (eg Boots Advantage Card)

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3
Q

coupons

A

collectable vouchers which can be redeemed in store when purchasing a product

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4
Q

discounts

A

reducing prices for a short period of time (e.g. 20% off sale)

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5
Q

competitions

A

being entered into a draw to win a prize when making a purchase

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6
Q

free gifts

A

a customer receives an extra item with their purchase (eg a free case when buying an iPhone)

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7
Q

sponsorship

A

a business provides funding for an event/cause in return for publicity and media exposure (eg Coca Cola sponsoring olympics)

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8
Q

product placement

A

a business pays for products to appear in films, TV shows or video games

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9
Q

celebrity endorsement

A

a business pays a celebrity to publicly support/use their products/services (eg Gary Lineker for Walkers crisps)

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