Describe a unique sales promotion

Assignment Help Marketing Management
Reference no: EM132865753

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. 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.

Question 1: 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? Make sure that your posting is unique.

Reference no: EM132865753

Questions Cloud

Connection between philosophical worldview : How does understanding the connection between philosophical worldview and research methodology assist in your research approach?
For how many years has the deposit been invested : The bank pays an interest rate of 10% compounded annually, and the deposit is now worth $30,052. For how many years has the deposit been invested
What are some examples of a trend in business : What are some examples of a trend in business that an average American may have observed? Highlight at least the main finding.
Most people are poor listeners or good listeners : Do you believe most people are poor listeners or good listeners? What can organizations do to improve listening skills of employees?
Describe a unique sales promotion : Describe a unique sales promotion (consumer, trade or salesforce) that you are aware of. Indicate who it is directed at and its effects.
Probability of randomly selected 30-minute period : The number of telephone enquiries to be received by the customer services hotline is modelled by a Poisson distribution with a mean of 6 enquiries per hour.
Calculate the balance of the account as of the end : Assume that the balance of the Estimated Liability for Warranties account as of the beginning of 2016 was $1,100. Calculate the balance of the account
Why does scanning the external environment play : Describe a historical situation where a failure to assess and correctly interpret the external environment resulted in a business' failure.
Experience of participating in the negotiation : Using your experience of participating in the negotiation exercises during the course, compare negotiating cooperatively with negotiating competitively

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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