promotional expense

Thân thiện

The company tracks its promotional expense for the new advertisement.

Definition

1. Noun:
   • The cost of promoting a product: A "promotional expense" is a specific type of business expenditure incurred for the purpose of advertising, marketing, or otherwise increasing public awareness and sales of a product or service.

Usage

• This term is primarily used in business, accounting, and marketing contexts to categorize and track costs related to advertising campaigns, sales promotions, and other marketing activities.
• It functions as a countable noun (e.g., , ) and can also be used in an uncountable sense when referring to the general concept.

Examples

• Noun:
  • The company's budget for the new product launch includes a significant promotional expense.
  • We need to review all promotional expenses from the last quarter to assess their effectiveness.
  • Flying the CEO to the trade show was considered a necessary promotional expense.

Advanced Usage

• "To write off a promotional expense": To deduct the cost from taxable income as a legitimate business expense.
  • The cost of the client dinner can be written off as a promotional expense.
• "To incur a promotional expense": To become liable or subject to a cost related to promotion.
  • The firm will incur substantial promotional expenses during the holiday season.

Variants and Related Words

• Promotion (n): The activity of supporting or actively encouraging a product, cause, etc.
  • The sales promotion was very successful.
• Promote (v): To further the progress of something; to advertise.
  • They hired a firm to promote the new software.
• Marketing expense (n): A broader term that can include promotional expenses as well as costs for market research, product development, etc.

Synonyms

• Advertising cost: Money spent on advertisements.
• Marketing expenditure: Money spent on marketing activities.

Related Phrases

• Promotional budget: The allocated amount of money for promotional activities.
  • We must stay within our promotional budget.
• Promotional campaign: A coordinated series of promotional activities.
  • The promotional campaign generated a lot of buzz.

Học thuật

Noun

1. the cost of promoting a product