A short-term incentive used to encourage consumers to buy a product is_____________

Assessment: WAEC SSCE - Marketing - 2019 (Objective) Subject: Marketing

Question 1 Report

A short-term incentive used to encourage consumers to buy a product is_____________

Answer Details
A short-term incentive used to encourage consumers to buy a product is called a "sales promotion". Sales promotions are temporary marketing strategies designed to persuade customers to purchase a product or service by offering a limited-time discount, free gift, or other special deal. The purpose of a sales promotion is to increase sales in the short term, usually over a few days or weeks, and to encourage customers to make a purchase immediately. Examples of sales promotions include buy-one-get-one-free offers, coupons, contests, and loyalty programs.

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