Examlex
Give three examples of consumer sales promotions tools.
Lower Prices
A strategy where a seller reduces the cost of their goods or services to attract more customers or undercut competitors.
Higher Prices
An economic condition signifying an increase in the cost of goods and services in the market.
Bartering Online
A system that facilitates the exchange of goods and services between parties without the use of money, conducted over the internet.
Surplus Products
Items that exceed the demand, often ending up in inventory without being sold, possibly due to overproduction or miscalculated market needs.
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