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

Brand Loyalty

Refers to a consumer’s consistent preference for purchasing the same brand over competing ones, driven by

Coupon

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

Forward Buying

Refers to the purchase of goods in quantities greater than immediately needed, with the intent to