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Review:

Sales Promotions

overall review score: 4.2
score is between 0 and 5
Sales promotions are marketing strategies used to drive sales and attract customers by offering special deals, discounts, or incentives.

Key Features

  • Discounts
  • Coupons
  • Free samples
  • Contests
  • BOGO offers

Pros

  • Attracts new customers
  • Increases sales revenue
  • Builds brand loyalty
  • Creates a sense of urgency

Cons

  • May reduce profit margins
  • Can create price-sensitive customers
  • Overuse can devalue a brand

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Last updated: Wed, Dec 4, 2024, 07:55:45 AM UTC