Vintage is one of the largest companies in the country.Vintage produces a vast range of goods which includes cars,cameras,home appliances,personal-care products,and food items.The company also competes vigorously in the services market as it runs hotels,hospitals,and schools.Vintage entered the real-estate industry in the last decade and proved to be successful in this field too.Which of the following would classify as a trade promotion tool used by Vintage?

Question

Quizplus · Accepted Answer

Off-invoice offers are a type of trade promotion tool where a discount is offered to a retailer or distributor when they purchase a certain quantity or type of product. In this case, Vintage is offering a discount for a new product for the first three months, which is a common trade promotion tool. The other options (A, B, C, and E) are consumer promotion tools, as they are aimed directly at the end user and do not involve any trade between businesses.

Vintage Is One of the Largest Companies in the Country