Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Complete the following table, which relates to consumer promotions, by (i) provi

ID: 371976 • Letter: C

Question

Complete the following table, which relates to consumer promotions, by (i) providing current examples of the types of promotions in second column; and (ii) an explanation of how the marketer will measure effectiveness of the promotion. In each example, say which brand is involved and what specifically is being done.

Type of promotion

Current example in which a brand is engaged

Measuring effectiveness

a. Sample/Sampling

b. Coupon

c. Loyalty promotion

Type of promotion

Current example in which a brand is engaged

Measuring effectiveness

a. Sample/Sampling

b. Coupon

c. Loyalty promotion

Explanation / Answer

Type of promotion

Current example in which a brand is engaged

Measuring effectiveness

a. Sample/Sampling

V-Wash, product manufactured and marketed by Glenmark Pharma, is promoted by giving free sachet to every women who visit D-Mart

Increase in the number of sales and customer rating for this product

b. Coupon

Mahindra Holidays are promoting their product by distributing holiday coupons through banks. You get voucher worth some holidays if you take a credit card from a particular bank

Increased conversion of customers and people opting for more holiday packages or periodic memberships

c. Loyalty promotion

Banks such as ICICI, RBL, Axis provide loyalty points for every specific amount of money they spend

Increased customer base, increased spending per customer and accumulation of loyalty points per customer. Other enterprises looping in to provide loyalty benefit to registered customers

Type of promotion

Current example in which a brand is engaged

Measuring effectiveness

a. Sample/Sampling

V-Wash, product manufactured and marketed by Glenmark Pharma, is promoted by giving free sachet to every women who visit D-Mart

Increase in the number of sales and customer rating for this product

b. Coupon

Mahindra Holidays are promoting their product by distributing holiday coupons through banks. You get voucher worth some holidays if you take a credit card from a particular bank

Increased conversion of customers and people opting for more holiday packages or periodic memberships

c. Loyalty promotion

Banks such as ICICI, RBL, Axis provide loyalty points for every specific amount of money they spend

Increased customer base, increased spending per customer and accumulation of loyalty points per customer. Other enterprises looping in to provide loyalty benefit to registered customers