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

High-Low Pricing

A strategy where a company sets an initial high price for a product and later reduces

CPG manufacturing

In the Consumer Packaged Goods industry, the term “CPG company” typically denotes manufacturers within the sector.

Product Attributes

A descriptive facet of a product that helps to specify, classify, and differentiate it within a