Asked by Isaiah Perez on Jun 23, 2024
Verified
A buying allowance is a type of consumer sales promotion.
Buying Allowance
A promotional or pricing strategy where buyers are given a specific discount or allowance on bulk purchases.
Sales Promotion
Marketing strategies aimed at stimulating demand for a product or service through short-term incentives or discounts to enhance purchase volume.
- Become aware of the strategic benefits and impacts related to the extension and development of product lines.
Verified Answer
JM
Jorge MoralesJun 24, 2024
Final Answer :
False
Explanation :
A buying allowance is a type of trade sales promotion, typically offered to retailers or wholesalers, incentivizing them to purchase or stock more of the seller's products.
Learning Objectives
- Become aware of the strategic benefits and impacts related to the extension and development of product lines.