Which of the Following Statements Is True of Couponing

question 63

Multiple Choice

Which of the following statements is true of couponing?

• A)Coupons always assist in providing an immediate response.
• B)Coupons are often used by consumers who are already loyal to the brand.
• C)Coupons are useless when it comes to promoting established products.
• D)Coupons are more effective than sampling for inducing initial product trial in a short period.
• E)Coupons have an extremely high redemption ratE.A problem associated with using coupons to attract new users to an established brand is that it is difficult to prevent the coupons from being used by consumers who already use the brand.Rather than attracting new users, coupons can end up reducing the company's profit margins among consumers who would probably purchase the product anyway.However, they can help retain users.

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Definitions:

Swivel Chairs

Office or household chairs designed with a base that allows the seat to rotate 360 degrees, enhancing mobility and comfort.

Fabricating Department

A part of manufacturing where raw materials are transformed into parts or products through processes like cutting, welding, and assembling.

Daily Basis

A period or measure referring to events or processes that occur or are calculated on a day-to-day basis.

Design Department

A division within a company responsible for developing new products or improving existing ones through research, planning, and design.