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all of the incentives offered to customers and channel members to encourage product purchases |
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incentives directly offered to a firm's customers or potential customers |
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expenditures or incentives used by manufacturers and other members of the marketing channel to purchase goods for eventual sale |
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Freestanding Inserts (FSIs) |
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sheets of coupons distributed in newspapers, primarily on Sunday |
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Definition
the placement of two promotional materials together |
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Promotion-Prone Consumers |
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Definition
consumers who are not brand loyal and regularly respond to promotions, such as coupons price-off plans, or premiums, only purchasing items that are on-deal |
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consumers who purchase only one particular brand and do not substitute, regardless of any deal being offered |
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Brand-Sensitive Consumers |
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consumers for whom price is the primary, of not the only, criterion used in making a purchase decision |
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financial incentives to other channel members to motivate them to make purchases |
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A form of trade allowance in which are funds charged by retailers to stock new products |
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monies paid to remove an item from a retailer's inventory |
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Definition
rewards given as contest prizes to brokers, retail salespeople, stores, wholesalers, and agents |
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Definition
funds given that require the retailer to perform a function in order to receive the dollars |
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