Sales Promotion and Personal Selling
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Created by:
ae_girl912 on December 12, 2009
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6 terms
Terms | Definitions |
|---|---|
trade sales promotion | Strategy directed to members of the marketing channel, such as wholesalers and retailers |
premium | an extra item offered to the consumer in exchange for the purchase of a promoted product |
trade allowances | a price reduction offered by manufacturers to intermediaries, such as wholesalers and retailers. |
push money | Money offered to channel intermediaries to encourage them to "push" products that is to encourage other members of the channel to sell the products |
lead generation | identification of those firms and people most likely to buy the seller's offerings |
lead qualification | determination of the sales prospect's: recognized need, buying power, and receptivity and accessiblity |
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