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- A sales promotion is a marketing strategy in which a business uses a temporary campaign or offer to increase interest or demand in its product or service1. There are many types of sales promotions, including2:
- Temporary cost reduction: Companies lower the cost of an item for a specific period.
- Coupon: Companies may give coupons to customers to make the cost of their next purchase cheaper.
- Loyalty program: A marketing strategy companies use to attract and retain customers.
- Giveaway
- Bonus deal
- Sample
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A sales promotion is a marketing strategy in which a business uses a temporary campaign or offer to increase interest or demand in its product or service. There are many reasons why a business may choose to use a sales promotion (or ‘promo’), but the primary reason is to boost sales.www.zendesk.com/blog/sales-promotion/6 types of sales promotions
- 1. Temporary cost reduction With this promotion, companies lower the cost of an item for a specific period. ...
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