________ allowances are payments or price reductions that reward dealers for participating in advertising and sales support programs.
A) Promotional
B) Trade-in
C) Segmented
D) Functional
E) Dynamic

Question

Quizplus · Accepted Answer

Promotional allowances are the payments or discounts given to dealers as rewards for participating in sales, promotion, and advertising-related activities. They are often used to encourage dealers to promote a particular brand or product, which can ultimately help increase sales and enhance brand visibility. Trade-in allowances are a different type of allowance that involves offering customers a discount on a new product in exchange for their old one. Segmented, functional, and dynamic allowances are not directly related to the promotion and sales support activities of dealers.

________ Allowances Are Payments or Price Reductions That Reward Dealers