Sometimes retailers are offered temporary price reductions for purchasing specified quantities of a product.These offers are used to provide an incentive for handling a new product, achieve a temporary price reduction or stimulate the purchase of an item in large quantities.What is this type of sales promotion called?
A)Push money
B)Buy-back allowance
C)Buying allowance
D)Cents-off offer
E)Money refund

Question

Quizplus · Accepted Answer

This type of sales promotion is called a buying allowance, as it incentivizes the retailer to purchase a specified quantity of a product through a temporary price reduction.

Sometimes Retailers Are Offered Temporary Price Reductions for Purchasing Specified