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14 Cards in this Set
- Front
- Back
consumer promotions (sales promotions)
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incentives designed for a firm’s customers
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freestanding inserts (FSIs)
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sheets of coupons distributed in newspapers, primarily on Sunday
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instant redemption coupons
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coupons that customers can redeem immediately when making a purchase
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bounce-back coupons
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coupons that customers cannot redeem instantly but instead must be used at a later purchase
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scanner-delivered coupons
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coupons issued at the cash register, which are triggered by an item being scanned
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cross-ruffing coupons
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the placement of a coupon for one product on another product
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response offer coupons
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coupons are issued (or mailed) following requests by consumers
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free-in-the-mail premiums
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gifts given to individuals for purchasing products; however, the customer must mail in a proof of purchase to the manufacturer to receive the gift
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in- or on-package premiums
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small gifts, such as toys in cereal boxes, often disguised or packaged so the consumer must buy the product to find what the gift is
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store or manufacturer premiums
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gifts given by either the retail store or the manufacturer when the customer purchases a product
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self-liquidating premiums
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gifts that accompany purchases whereby consumers must pay an amount of money for them
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promotion prone consumers
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individuals who are not brand loyal and regularly respond to promotions, such as coupons price-off plans, or premiums, only purchasing items that are on-deal
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brand-loyal consumer
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someone who purchases only on particular brand and does not substitute regardless of any deal being offered
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price-sensitive consumer
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a consumer for whom price is the primary, if not the only, criterion used in making a purchase decision
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