Consumer Promotion

Consumer Promotion

Also known as sales promotion, is a temporary marketing strategy aimed at boosting brand awareness and motivating customers to purchase a product.

Related Terms

Purchase Frequency (PF)

Refers to the rate at which customers make purchases within a specific timeframe. It offers businesses

Basket Size

The amount that a customer spends in a retail store in single transaction.

Coupon

A document or digital code that grants the holder a discount or rebate on a purchase.