Both sales (or consumer) promotions and trade promotions are short-term tactics used by firms to stimulate sales, demand, or inquiries.

Name: Both sales (or consumer) promotions and trade promotions are short-term tactics used by firms to stimulate sales, demand, or inquiries.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Both sales promotions and trade promotions are designed to boost sales or demand in the short term, with sales promotions targeting consumers and trade promotions targeting retailers or wholesalers.

Both Sales (Or Consumer) Promotions and Trade Promotions Are Short-Term