Select two firms that offer sales promotions through social media. These could include any of the strategies
Question:
Select two firms that offer sales promotions through social media. These could include any of the strategies discussed in this chapter—coupons, rebates, contests, or sweepstakes. Describe which sales promotions each firm offers through which social media platforms. Then analyze those promotions using the following questions and activities as a guide:
In your opinion, which firm is doing a better job using social media to enhance its sales promotions? Explain your answer.
Who are the target markets for these social media sales promotions? Are sales promotions an effective way to generate additional sales and profits from these target markets? Explain your answer.
Provide at least two specific recommendations for sales promotion strategies that each of these firms can implement through social media. Be sure to discuss why you think your recommendations would succeed in generating additional sales and profits from the firm’s target markets.
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba