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

Forward Buying

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

Dollar Sales

Measures the total revenue generated from products sold at retail, calculated by multiplying the number of

Assortment

The variety of products that a retailer offers for sale to meet the diverse preferences and