Exam 14: Sales Promotion

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Momentum, a global promotion company, says it uses core disciplines such as event marketing, promotional and retail marketing, and sponsorships to:

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In choosing a specialty item, it is important that the item have some logical relationship to both the target market and the product or service being promoted.

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Distinguish advertising from sales promotion, and briefly describe how they are effectively used in marketing.

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These computer-inserted brand messages that are not seen and don't even actually exist, for example, in a televised sports event, are the result of a technique called ________.

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Promotions work best when the objectives are based on short-term sales increases.

(True/False)
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Match of the following
A type of sales promotion directed to wholesalers or retailers; the most common type are promotional allowances.
Topps bubblegum baseball cards
To reduce coupon redemption fraud, the industry is working with this and other techniques to address the problem.
double billing
Loss leaders, money-off coupons, and price rollbacks are effective examples of this.
the Yellow Pages
Correct Answer:
Verified
Premises:
Responses:
A type of sales promotion directed to wholesalers or retailers; the most common type are promotional allowances.
Topps bubblegum baseball cards
To reduce coupon redemption fraud, the industry is working with this and other techniques to address the problem.
double billing
Loss leaders, money-off coupons, and price rollbacks are effective examples of this.
the Yellow Pages
Nearly 90 percent of users of this medium make a purchase; it's one of the most cost-efficient methods to reach serious prospects that are in the mood to purchase.
Asa Candler and C. W. Post
The most preferred method of coupon distribution, it's usually included in Sunday newspapers.
sales promotion
Sales activities that supplement both personal selling and marketing, coordinate the two, and help to make them effective; also, the combination of personal selling, advertising, and all supplementary selling activities.
dealer incentives
A form of co-op fraud where retailers pay one price to the medium and bill the manufacturer for a higher price by using a phony invoice.
product licensing
If this is required in a sweepstakes, it makes the sweepstakes a lottery and it is illegal.
testimonial
Commercial relationships involving films, television shows and even cartoon characters.
transactional promotion
Unlike a premium, these are imprinted with the advertiser's name and logo and are given away without any obligation for the recipient.
sweepstakes
A type of promotion where prizewinners are determined based on chance alone and it's illegal to require participants to purchase something in order to enter.
consideration
They were among the first executives to offer coupons or price reductions.
motivation
One of the oldest types of advertising, it allows a brand to gain from an association with a celebrity through a product endorsement.
free-standing insert
One of the basic functions of effective sales promotion.
bar code technology
This sales promotion was so effective that the company stopped producing its product and began marketing the premium as collectibles.
advertising specialty
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The biggest beneficiaries of licensing agreements are:

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Which of the following is the most preferred form of coupon distribution?

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Sweepstakes that require consideration are usually illegal.

(True/False)
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The regulation that is likely having an effect on marketers who use sweepstakes because of its provision for a national opt-out list is the:

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P-O-P is ideal for retail environments where 60 percent of consumer purchasers are unplanned.

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Which is NOT included in the discussion of the three basic approaches to product associations and tie-ins?

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The stage in relationship branding cycle that is most conducive to promotional activation is called ________.

(Short Answer)
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What is the average value of the offer per coupon?

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In a total promotion budget, the long-term trend is that almost half of the dollars allocated go to consumer advertising and only about 25 percent goes to both trade promotions and consumer sales promotions.

(True/False)
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Vendor programs are a special type of co-op, initiated by and customized by retailers in which manufacturers are approached to pay all or a share of the program.

(True/False)
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The key to successful marketing communication is determining the purposes and objectives of advertising, sales promotion, and other components and how best to coordinate and integrate these objectives.

(True/False)
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Which of the following is a type of co-op fraud?

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What has been the coupon redemption rate for many years?

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In a total promotion budget, what some refer to as sales promotion or promotion can also be called ________, and it is one of three categories in such a budget.

(Short Answer)
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