Retailers are offered temporary price reductions for purchasing specified quantities of a product. These offers are used to provide an incentive to handle a new product, to achieve a temporary price reduction, or to stimulate the purchase of an item in large quantities. This type of sales promotion is called .

Question

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A buying allowance is a temporary price reduction offered to retailers to encourage them to purchase a product in larger quantities or to handle a new product.

Retailers Are Offered Temporary Price Reductions for Purchasing Specified Quantities