Chapter 14 Flashcards
(11 cards)
Case Allowance
A discount to the retailer or wholesaler based on the volume of the product ordered
Merchandise Allowance
Reimburses the retailer for in-store support of the product
Point-of-Purchase displays
In-store displays and sign
Cooperative advertising
A sales promotion where the manufacturer and the retailer share the cost (of advertising)
Promotional products
Goodies such as coffee mugs, t-shirts, and magnets given away to build awareness for a sponsor
Direct marketing
Any direct communication to a consumer or business recipient designed to generate a response in the form of an order, a request for further information, and/or a visit to a store or other place of business for purchase of a product
Catalog
A collection of products offered for sale in book form, usually consisting of product descriptions accompanied by photos of the items
Direct mail
A brochure or pamphlet that offers a specific good or service at one point in time
Telemarketing
The use of a telephone to sell directly to consumers and business customers
Personal selling
Marketing communication by which a company representative interacts directly with a customer or prospective customer to communicate about a good or service
Prospecting
A part of the selling process that includes identifying and developing a list of potential or prospective customers