sales promotion

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sales promotion

The store is running a sales promotion with a colorful display of discounted items.

Definition

Noun: A marketing activity or set of activities designed to increase the sales of a product or service over a short period. It supplements or coordinates with broader advertising efforts by offering an extra incentive to customers or the sales channel.

Usage

This term is used as a countable or uncountable noun to refer to specific campaigns or the general practice of stimulating sales. - As a concept/activity: "The company's strategy includes aggressive sales promotion." - As a specific campaign/event: "We are launching a new sales promotion next week."

Examples
  • The supermarket's sales promotion offering 'buy one, get one free' was very successful.
  • A common sales promotion technique is to distribute discount coupons.
  • The marketing budget allocates funds for advertising and sales promotion.
Advanced Usage
  • As a modifier: The term can function attributively (like an adjective) before other nouns.
    • Example: "We need to design new sales promotion materials for the trade show."
Variants and Related Words
  • Promote (verb): To actively support or encourage the sales or popularity of a product.
  • Promotional (adjective): Relating to or intended for promotion.
    • Example: "The promotional offer expires soon."
  • Promoter (noun): A person or company that finances or organizes a promotional event.
Synonyms
  • Marketing promotion: A broader term encompassing various promotional activities.
  • Sales drive: Emphasizes a concerted effort to increase sales.
  • Special offer: A specific type of sales promotion highlighting a temporary benefit.
Related Phrases
  • Consumer promotion: A sales promotion directed at the end consumer (e.g., coupons, samples).
  • Trade promotion: A sales promotion directed at distributors or retailers (e.g., discounts, contests for sales staff).
  • Promotional mix: The combination of different promotional tools, including sales promotion, used by a company.
sales promotion

The store is running a sales promotion with a colorful display of discounted items.

Noun
  1. promotion that supplements or coordinates advertising