STRATEGIES IN SUPPLY CHAIN
MANAGEMENT QUESTIONS &
ANSWERS(RATED A+)
Promotion - ANSWERVarious forms of communication to inform, persuade, or
remind customers. Example: An ad campaign reminding customers about seasonal
sales.
Digital and Social Media (Interactive Marketing) - ANSWERPromotion using digital
technologies that doesn't involve a salesperson. Example: Instagram ads or
YouTube pre-rolls.
Advertising - ANSWERPaid, less personal communication through mass media to
target markets. Example: A TV commercial during the Super Bowl.
Sales Promotion - ANSWERShort-term incentives to encourage buying or selling.
Example: Buy one, get one free offers.
Product Sampling - ANSWERA promotional tactic where companies give out free
trial versions of a product to encourage consumer trial and future purchase.
Example: A grocery store offers free samples of a new snack to shoppers.
Coupons - ANSWERPromotional tools that offer customers a discount or deal on a
product or service, typically for a limited time. Example: A $2 off coupon for a popular
brand of laundry detergent found in a newspaper or app.
Rebates - ANSWERA sales promotion where customers pay full price upfront but
receive a portion of the purchase price back after submitting a claim. Example: A
customer buys a printer for $150 and mails in a rebate form to receive $30 back.
Product Placements - ANSWERA promotional strategy where branded products are
integrated into movies, TV shows, or digital content as part of the storyline or setting.
Example: A character in a film using an Apple laptop without it being the focus of the
scene.
Loyalty Programs - ANSWERMarketing strategies that reward repeat customers with
points, discounts, perks, or exclusive offers to encourage continued business.
Example: Starbucks Rewards lets customers earn stars for every purchase, which
can be redeemed for free drinks.
Public Relations - ANSWERA systematic approach to influencing public attitudes
and opinions. Example: A press release on a company's sustainability goals.
, Contests - ANSWERPromotional activities where consumers compete based on skill,
creativity, or effort to win prizes or recognition. Example: A clothing brand runs a
design contest where customers submit t-shirt designs for a chance to have theirs
sold in stores.
Sweepstakes - ANSWERA promotional tactic where winners are selected by chance,
not skill, and participants enter for free or by meeting simple requirements. Example:
A soda brand offers a chance to win a trip to Hawaii by entering a code from the
bottle cap online.
Premiums - ANSWERPromotional items offered for free or at a reduced price as an
incentive to buy a product or service. Example: A cosmetics brand includes a free
makeup bag with a $50 purchase.
Multiple-Purchase Offers - ANSWERPromotional deals that encourage customers to
buy more than one unit by offering a discount or incentive for bulk purchasing.
Example: "Buy 2, Get 1 Free" or "3 for $10" promotions at a grocery store.
Point-of-Purchase Materials - ANSWERPromotional displays and signage placed
near the location where buying decisions are made, such as store shelves or
checkout areas. Example: A brightly colored display stand near the register
promoting a new energy drink.
Personal Selling - ANSWERTwo-way communication between seller and buyer to
build relationships. Key Words: face-to-face, relationship, trust.
Promotion Mix Strategies - ANSWERChoosing the right blend of promotion tools to
communicate and generate ROI. Example: Using both TV ads and influencer
marketing.
Promotion Campaign - ANSWERA coordinated set of promotions targeting a product
during a set period. Example: Back-to-school ad blitz for a clothing line.
Elements in Developing Promotional Campaign - ANSWERSteps include identifying
targets, setting goals, mix, message, media, budget, and measurement.
Push Strategy - ANSWERFocuses on stimulating demand within the distribution
channel. Example: A manufacturer gives bonuses to retailers who push product.
Pull Strategy - ANSWERFocuses on stimulating demand directly from the end user.
Example: Ads that encourage customers to "ask your retailer for Product X."
Internal Marketing - ANSWERTreating employees like customers to improve service
quality. Example: A hotel trains and rewards staff as part of its service strategy.
AIDA Model (Hierarchy of Effects) - ANSWERA framework that outlines stages:
Attention, Interest, Desire, Action. Example: A viral video ad that leads viewers to
make a purchase.