Identify a familiar type of retail store or product

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1. Identify a familiar type of retail store or product. Recommend at least three sales promotion methods that should be used to promote the store or product. Explain why you would use these methods.

2. Identify which method or methods of sales promotion a producer might use in the following situations, and explain why the method would be appropriate.

a. A golf ball manufacturer wants to encourage retailers to add a new type of golf ball to current product offerings.

b. A life insurance company wants to increase sales of its universal life products, which have been lagging recently (the company has little control over sales activities).

c. A light bulb manufacturer with an overproduction of 100-watt bulbs wants to encourage its grocery store chain resellers to increase their bulb inventories.

Reference no: EM131303840

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