This type of approach is focused on the product, usually when you see a customer looking at something for a while or showing interest
Merchandise approach
This type of promotion offers the consumer money back after filling out a form
Rebate
This term refers to giving something up in exchange for something else
Tradeoffs
When starting a business, this type will likely outlast your own life
Corperation
This business was used to exemplify lean production first semester
ALDI
This sales approach is used best when a customer seems frustrated, this is focused on you being available to help
Service Approach
This type of promotion gives the consumer a chance of seeing what a product looks like in use
Demonstrations
This term refers to a cost that you cannot recover once it is spent
Sunk cost
When starting a business, this type will involve you going into business with someone else
Partnership
This type of marketing involves low costs and is meant to spread due to the shock from people who are viewing it
Guerilla Marketing
This closing technique focuses on the quality and craftsmanship of the product
Artisan Sales technique
This type of promotion offers people a chance at getting a product at a lesser price
Discounts
This term refers to what motivates people to make economic decisions
Incentive
When starting a business, this type will be you doing everything on your own
Sole proprietorship
This type of appeal makes people feel like they are futuristic
Avant Guarde
Which type of closing technique is used in this example?
- There is no better time to buy this condo
“best time” sales closing technique
This type of promotion is shown when taco bell gives you a chance of free taco bell in return for filling out their customer survey
Consumer Sweepstakes
This econ term refers to large scale decisions in the economy
Macroeconomics
When starting a business, this type will likely give you the least tax breaks
Corperation
This refers to when the value of the dollar decreases and the cost of living increases
Inflation
This type of technique offers you something in return for buying the product
Concession
This type of promotional activity was used when Metro Boomin offered to give a free beat to the person who could make the best verse to his song
Consumer contest
the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services
Economy
When starting a business, this type will likely give you the most tax breaks
Sole proprietorship
What is the best team in the UFL
St. Louis Battlehawks