Selling products under schemes like "12 easy monthly installments, 4 Up Front and 8 To Be Paid as Post Dated Cheques", is an example of:
Selling products under schemes like "12 easy monthly installments, 4 Up Front and 8 To Be Paid as Post Dated Cheques", is an example of:
Solution
✅ Correct Option: 2
Sales promotion refers to short-term incentives to encourage purchase, such as discounts, rebates and instalment or easy financing schemes. Offering products on '12 easy monthly installments' is a product combination/financing incentive, an example of sales promotion. Hence the answer is Sales Promotion.
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