Sales Promotion refers to short-term incentives aimed at boosting sales and is a vital component of marketing strategies. It includes tactics like discounts, loyalty programs, and contests to attract new customers, encourage brand loyalty, and clear inventory. A well-planned sales promotion can significantly enhance a company's growth and visibility in the market.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
13 views7 pages
Sales Promotion Presentation Updated
Sales Promotion refers to short-term incentives aimed at boosting sales and is a vital component of marketing strategies. It includes tactics like discounts, loyalty programs, and contests to attract new customers, encourage brand loyalty, and clear inventory. A well-planned sales promotion can significantly enhance a company's growth and visibility in the market.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 7
Introduction to Sales
Promotion Meaning and Importance Presented by: Divyansh & S Karthik Course: BBA 6th Semester Introduction to Sales Promotion
• - Sales Promotion refers to short-term incentives aime
boosting sales. • - It is an essential part of marketing and promotional strategies. • - Helps businesses attract new customers and retain existing ones. • - Used alongside advertising, personal selling, and pu relations. Meaning of Sales Promotion
• - It includes various marketing tactics designed to inc
demand. • - Encourages customers to make immediate purchase • - Helps in launching new products and clearing old sto • - Can be directed at consumers, retailers, or wholesal Importance of Sales Promotion
• 1. **Boosts Sales:** Helps in increasing revenue in a s
period. • 2. **Attracts New Customers:** Special offers encoura first-time buyers. • 3. **Encourages Brand Loyalty:** Repeat purchases b customer loyalty. • 4. **Helps in Inventory Clearance:** Moves old stock make room for new products. • 5. **Creates Brand Awareness:** Promotional campai increase visibility. • 6. **Supports Other Marketing Strategies:** Complem Examples of Sales Promotion
• 1. **Discounts & Coupons:** Amazon’s festival sales
offering 50% off. • 2. **Buy One Get One Free (BOGO):** Domino’s Pizza offers. • 3. **Free Samples:** Beauty brands like Lakme offerin product samples. • 4. **Loyalty Programs:** Starbucks Reward Points for repeat customers. • 5. **Contests & Sweepstakes:** McDonald's 'Scratch a Win' promotions. Conclusion
• - Sales promotion is a crucial marketing tool for increa
sales and brand awareness. • - It helps businesses attract customers, clear inventor stay competitive. • - A well-planned sales promotion strategy can signific boost a company's growth. Thank You!
Marketing Management for Beginners: How to Create and Establish Your Brand With the Right Marketing Management, Build Sustainable Customer Relationships and Increase Sales Despite a Buyer’s Market