Question

In: Economics

Please provide some examples (two or three) of how some companies have run successful promotions, please...

Please provide some examples (two or three) of how some companies have run successful promotions, please be sure to cite those sources

Solutions

Expert Solution

1. Google Promotions- Google My Business helps you to build four different styles of social posts: What's new, what's new, what's new, what's new, what's new, what's new and what's new. To find the best way to make your advertising public, use our Google My Business Posting Guide. Naturally, in order to get access to your promotion, your profile needs to appear in the search results.

2. Free Samples- With great success Costco makes use of this process. By supplying samples to all customers in the shop, regardless of whether they buy it, they inspire consumers to purchase items they may not have previously considered. Small companies don't have the budget that Walmart does, but can also offer consumers free samples.

3. Free Gifts- Very self-explanatory. There are other opportunities to make use of this particular method for sales promotion. For example, a restaurant can offer free dessert when buying a meal. An electronics store will give the customers free batteries. Chik-Fil-A recently introduced a successful campaign promising free chicken sandwiches for a year to the first 100 customers at their newly opened stores. Massage Envy also offers a free one-hour massage with a $150 gift card purchase

Source- New york times and Economic Times


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