Question
Sales promotions, such as discounts or limited time offers, can have the following impact on sales:
A.
They can decrease customer interest in a product.
B.
They have no impact on long-term customer loyalty.
C.
They can drive short-term increases in sales by encouraging immediate purchases.
D.
They make products less desirable for consumers.
A.
They can decrease customer interest in a product.
B.
They have no impact on long-term customer loyalty.
C.
They can drive short-term increases in sales by encouraging immediate purchases.
D.
They make products less desirable for consumers.
Answers
GPT-4o mini
The correct statement regarding the impact of sales promotions is:
**C. They can drive short-term increases in sales by encouraging immediate purchases.**
Sales promotions, like discounts or limited-time offers, are designed to create urgency and encourage customers to make immediate purchases, which can lead to short-term boosts in sales.
**C. They can drive short-term increases in sales by encouraging immediate purchases.**
Sales promotions, like discounts or limited-time offers, are designed to create urgency and encourage customers to make immediate purchases, which can lead to short-term boosts in sales.