Sales Promotion tools by Prof. Philip Kotler

abhishreshthaa

Abhijeet S
1. Communication: they gain attention and usually provide information that may lead the customer to the product.


2. Incentive: they incorporate some concession, inducement, or contribution that gives value to the consumer.


3. Invitation: they include a distinct invitation to engage in the transaction now (offer valid till …or till stocks last)


Major users of sales promotions are marketers of soaps, detergents, toiletries, soft drinks, toothpastes, tea, coffee, footware, textiles, readymade garments, consumer durable goods, music systems, autos, televisions, washing machines, microwave ovens, refrigerators, magazines and many other household items.


In fact the list of product categories using sales promotion is ever-increasing, no matter what the product category, it could be staples, impulse goods, emergency goods shopping goods, speciality goods, unsought goods, industrial products, or different types of services.


Sales promotion is now established as an important and increasingly respectable element of the marketing communication tools. Sales promotion expenditures are increasing dramatically, and economic recession is most likely to fuel this trend further.
 
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