Introduction Businesses use different methods to sell their products and services. Advertising communicates with a large number of people, while personal selling involves direct communication between a salesperson and a
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Price-Off Offers, Free Samples and Other Sales Promotion Schemes
Introduction Sales promotion schemes are used by businesses to attract customers and increase the sale of products. These schemes provide customers with additional benefits, such as lower prices, free products,
Read MoreTools and Techniques of Sales Promotion
Introduction Businesses use different sales promotion techniques to encourage customers to buy their products. These techniques provide additional benefits and create interest in the products. The selection of a sales
Read MoreSales Promotion – Meaning, Objectives and Importance
Introduction In a competitive market, businesses use different methods to attract customers and increase sales. Advertising and personal selling are important methods, but sometimes they are not enough to encourage
Read MoreRadio, Television and Outdoor Advertising – Features, Advantages and Limitations
Introduction Businesses use different media to advertise their products and services. The choice of advertising medium depends on the nature of the product, target audience, advertising budget and purpose of
Read MoreAdvertising in Periodicals – Advantages and Limitations
Introduction Periodicals are publications that appear at regular intervals, such as weekly, monthly or quarterly. Magazines and journals are common examples of periodicals. Businesses use periodicals to advertise their products
Read MoreNewspaper Advertising – Advantages and Limitations
Introduction Newspapers are one of the traditional and widely used advertising media. Businesses use newspapers to communicate information about their products, services, offers and events to readers. Newspaper advertising is
Read MoreAdvertising – Meaning, Features, Purposes and Importance
Introduction Advertising is an important activity in modern business. It helps businesses inform people about their products and services and persuade them to purchase them. Companies use different advertising media,
Read MoreRetailers – Characteristics, Role and Difference from Wholesalers
Introduction Retailers are the final link in the distribution channel between producers and consumers. They purchase goods from wholesalers or manufacturers and sell them directly to ultimate consumers in small
Read MoreWholesalers – Meaning, Characteristics and Functions
Introduction Wholesalers play an important role in the distribution of goods. Manufacturers generally produce goods in large quantities, whereas retailers purchase goods in smaller quantities to meet the needs of
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