Control consumers behavior

Assignment Help Operation Management
Reference no: EM132102474

Sales promotion is one of the 4 promotion mix variables that organizations can use to communicate, and control consumers’ behavior. They can be directed at consumers, the trade (retailers, wholesalers, agents, brokers), and a firm’s salesforce.

Please describe a unique sales promotion (consumer, trade or salesforce) that you are aware of. Indicate who it is directed at and its effects. Why do you think that it is successful? Try to find a promotion that is unique...

EXAMPLE:

The Kohl department store has a very successful promotion in the form of Kohl’s cash. For every $50.00 consumers spend, they generate $10.00 in Kohl’s cash which normally can be used a week later. A consumer who spends $100.00 before sales taxes will receive $20.00 in Kohl’s cash. Initially, Kohl drives the consumer in the store with a high value coupon worth between 15-30%. Then drives most back into the store a week later to spend the Kohl’s cash. Naturally, most consumers spend more money than what they have in Kohl’s cash.

Reference no: EM132102474

Questions Cloud

The results are positive about launching new product : You have just conducted a set of focus groups for a client, and the results are positive about launching a new product.
What is the probability that someone consumed : What is the probability that someone consumed between 20 and 30 gallons of bottled? water?
Describe the nature of the business opportunity : This is a Collaborative Learning Community (CLC) assignment. Describe the nature of the business opportunity.
Evaluate the existing compensation plan : Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.
Control consumers behavior : Sales promotion is one of the 4 promotion mix variables that organizations can use to communicate, and control consumers’ behavior.
The revolution called cord cutting is global phenomenon : The revolution called “Cord Cutting” is a global phenomenon, and Singapore has become one of the fastest growing adopters.
Drawbacks of deregulation in public system of government : What are the benefits and the drawbacks of deregulation in the public system of government?
What is the best way to enter the chinese market : What is the best way to enter the Chinese market? Evaluate and explain the key environmental factors in China that the company needs to consider.
How did the company health and wellness programs add value : Why was Pitney Bowes spending so much on employee health at a time when most organizations were cutting health benefits?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd