Sales Promotion - Trade Sales Promotion Techniques

Trade Sales Promotion Techniques

  • Trade allowances: short term incentive offered to induce a retailer to stock up on a product.
  • Dealer loader: An incentive given to induce a retailer to purchase and display a product.
  • Trade contest: A contest to reward retailers that sell the most product.
  • Point-of-purchase displays: Used to create the urge of "impulse" buying and selling your product on the spot.
  • Training programs: dealer employees are trained in selling the product.
  • Push money: also known as "spiffs". An extra commission paid to retail employees to push products.

Trade discounts (also called functional discounts): These are payments to distribution channel members for performing some function .

Read more about this topic:  Sales Promotion

Famous quotes containing the words trade, sales, promotion and/or techniques:

    I am cozily ensconced in the balcony of my face
    Looking out over the whole darn countryside, a beacon of satisfaction
    I am. I’ll not trade places with a king. Here I am then, continuing but ever beginning
    My perennial voyage....
    John Ashbery (b. 1927)

    There are no galley-slaves in the royal vessel of divine love—every man works his oar voluntarily!
    —St. Francis De Sales (1567–1622)

    Parents can fail to cheer your successes as wildly as you expected, pointing out that you are sharing your Nobel Prize with a couple of other people, or that your Oscar was for supporting actress, not really for a starring role. More subtly, they can cheer your successes too wildly, forcing you into the awkward realization that your achievement of merely graduating or getting the promotion did not warrant the fireworks and brass band.
    Frank Pittman (20th century)

    The techniques of opening conversation are universal. I knew long ago and rediscovered that the best way to attract attention, help, and conversation is to be lost. A man who seeing his mother starving to death on a path kicks her in the stomach to clear the way, will cheerfully devote several hours of his time giving wrong directions to a total stranger who claims to be lost.
    John Steinbeck (1902–1968)