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Imagine you are the sales manager and you have to clear the stock immediately. Which of the sales promotion techniques will you use? (I) Free offer (II) Higher price (III) Reduce its advertisement

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Question

Imagine you are the sales manager and you have to clear the stock immediately. Which of the sales promotion techniques will you use?

  1. Free offer
  2. Higher price
  3. Reduce its advertisement
  4. Premiums or bonus offers

Options

  • I & II

  • II & III

  • III & IV

  • I & IV

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Solution

I & IV

Explanation:

Free offers and premiums/bonus offers are effective short-term sales-promotion methods to boost immediate sales and clear accumulated stock quickly; higher prices or reduced advertising would not help rapid clearance, as the chapter explains.

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Chapter 3: Advertising and Sales Promotion - EXERCISES [Page 42]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 3 Advertising and Sales Promotion
EXERCISES | Q 29. | Page 42
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