Which Customer Sales Promotion Refers to an Instant Price Reduction

question 62

Multiple Choice

Which customer sales promotion refers to an instant price reduction at the point of sale, available in print media, online, or in-store, that encourages customers to "buy now?"

• A) loyalty program
• B) rebate
• C) contest or sweepstake
• D) premium
• E) coupon

---

Definitions:

Stakeholder Commitment

The support and engagement of individuals or groups who have an interest in the success of a project, initiative, or organization.

Traditional Education

A form of learning that takes place in a structured educational system, typically involving face-to-face instruction in schools or universities.

Trial And Error

A problem-solving method involving repeated, varied attempts which are continued until success, or until the agent stops trying.

10-Step Process

A systematic approach or methodology broken down into ten sequential steps to achieve a specific goal or complete a task.