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

Product Attributes

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

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of