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The Means of Sales Promotion at The Manufacturer Level
The Means of Sales Promotion at The Manufacturer Level
The Means of Sales Promotion at The Manufacturer Level
What e are the means of sales promotions at the manufacturer level and what is their
importance.
1.2. Offers.
Offers are short-term price reductions, commonly used to increase testing among potential
customers or to retaliate against actions taken by a competitor. For example, if a rival
manufacturer launches a new paper blend, the company responds with a “two packages for
the price of one” offer. This short-term price reduction piles up stock on the kitchen shelves of
cake mix buyers and makes it difficult for the competitor to introduce itself.
1.2.1. Prizes or gifts.
It is a promotional tool often used with consumers, consisting of merchandise offered free or
at significant savings over its regular retail price.
1.2.2. Competitions.
It is when consumers apply their analytical or creative skills or thinking thinking about trying to
win a prize.
1.2.3. Raffles and giveaways.
This promotion requires participants to submit some type of entry form, but they are more of
a random game that requires no analytical or creative effort on the part of the consumer. The
approach is very effective. A variation of the sweepstakes is the game to win instant prizes.
1.2.4. Samples.
It is offering the product for free or at a very reduced price. They are often used with new
products as samples put the product in the hands of consumers. A trial size is usually offered,
which is smaller than the normal package size. If consumers like the sample, they are expected
to remember and purchase the product.
1.2.5. Corporate promotions.