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Premium type of promotion offers an item for free or at an extreme bargain price to reward a specific buyer behavior.

What is Promotion ?

  • Activity that actively encourages or promotes the advancement of a cause, endeavor, or goal.
  • The promotion of a company, cause, or endeavor in order to boost revenue or public exposure.

What is Premium Promotion?

  • Traditional definitions of a premium offer include a sales promotion strategy in which buyers receive two or more things for less money than the aggregate price of the products.
  • Customers are encouraged to purchase additional things as a result. Customers that purchase premium offers receive gifts, coupons, awards, and other incentives.

Learn more about Promotion here:

https://brainly.com/question/15276134

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