The reduction in the price of a product for a short span of time is known as___________

Related MCQs

• Which tool of the promotional mix consists of short-term incentives to encourage the purchase or sale of a product or service?
• __________ is the sum total of values, assets and liabilities generated by a branded product over a period of time.
• Selling the same product at different prices is known as________.
• The strategy that encourages dealers and distributors to sell a product is known as
• __________ is directed towards consumers and traders with the intention to increase immediate or short term sales.
• Which concept holds that consumers will not buy enough of organizations product unless it takes large scale selling and promotion effort?
• Which stage of the product lifecycle is marked by falling costs and rising revenues?
• A marketing philosophy summarized by the phrase a good product will sell itself is Characteristic of the_________ period.
• The following are all major stages of a product life cycle except_____.
• Creating image of product in the minds of target group is called