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What are some examples of sales promotions used to encourage short-term sales?CouponsContestsGift premiumsAll of these

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Solution

All of these are examples of sales promotions used to encourage short-term sales. They include:

  1. Coupons: These are tickets or documents that can be redeemed for a financial discount or rebate when purchasing a product. They are often used to attract new customers or to bring back old customers.

  2. Contests: These are competitive events or games of skill where customers have a chance to win prizes. They are often used to create buzz around a product or brand and to increase customer engagement.

  3. Gift premiums: These are items given away for free or at a reduced price with the purchase of a product. They are often used to incentivize purchases and to increase the perceived value of a product.

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