Monetary sales promotion methods enable a customer to get cash benefits upon purchase of a particular product. These techniques enable a customer to get an immediate reduction in the sales price of a product that enables a customer to get immediate satisfaction and contentment. There are various sales monetary promotional techniques that a business organization follows to boost its sales, which are as follows:
Rebate: Rebate is the most popular and effective sales promotional technique under which the business organizations offer products at an amount lower than the price prevailing in the market. For example, a furniture manufacturing company offers a rebate of $5,000 if the customer can purchase the furniture before a particular date.
Discount: Under this method, the goods are offered at a discount. The discounted price of an item is calculated by reducing the discount percentage from the listed price. For example, a shoe manufacturing company offers a discount of
50% on purchasing some selected category of shoes.
Refunds: This sales promotion method does not allow any instant benefit to the customers, unlike rebate and discount, but enables a customer to get a pre-decided refund at the end of a particular period. For example, a customer would get a refund of $5 after three months of purchase after showing proof of purchase, such as invoice, empty packet, etc.
Coupons: This method requires distribution of a ticket or a card, which carries certain terms and conditions, upon following of which, a customer, would be able to get some rebate or discount. For example, by displaying an availed coupon, a customer would get a discount of
25%on the productâ€™s purchase price.
Non-Monetary Techniques of Sales Promotion Methods
These techniques, unlike monetary techniques, do not offer any cash benefits to the customers. Rather, these offer some service or an ancillary product upon the purchase of the main product. These techniques are as follows:
Product Combination: This method offers non-monetary benefits to the customers. Instead of getting an instant discount or rebate, a customer is rewarded with an ancillary product upon purchasing the main product. For example, a customer would get a toothbrush free upon purchasing a packet of toothpaste.
Quantity Gift: Under this method, instead of offering another product upon purchasing the main product, the quantity of the existing product is enhanced by a fixed percentage or quantity, without enhancing its purchase price.
30% extra toothpaste in a packet of 500 grams.
One extra pair of trousers upon purchase of 2 pairs of trousers.
Scratch Cards and Guaranteed Gifts: Under this method, a customer is asked to scratch a card on purchasing a particular product. The scratch card usually consists of the name of the gift which is offered to the customer on the spot or imminently. This sales technique is usually followed to boost high-end goods and products, such as cars, real estate, expensive television sets, etc. For Example, A customer purchasing a car scratched a card to receive some assured gifts such as a dinner set, computer, wristwatch, etc.
Benefits of Following Sales Promotion Methods
There are various benefits of implementing effective sales promotion methods, such as:
Increases the Customer Base of the Company: Effective sales promotion techniques prompt customers to try a new product, which is different from products they are currently using. This increases the customer base of the organization and, in turn, boosts the revenue.
Promotes Easy Selling of a Particular Product: A few products are either non-moving or newly launched. Both these categories usually experience a lower level of sales initially. The sales of these goods can be augmented using effective sales promotion methods.
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.