Question: TikTok has become a virtual playground for creative contests. This is because the unique tools and features offered by the platform make video creation fast,
TikTok has become a virtual playground for creative contests. This is because the unique tools and features offered by the platform make video creation fast, simple, and fun. An example of this is the duet feature, which allows users to create a video alongside an original video. If youve spent any time scrolling through TikTok, youve surely seen a dozen or more duets. Goldfish Crackers got creative with the duet feature and challenged their customers to duet with pro basketball player, Boban Marjanovi The challenge was simpleto hold more goldfish in one hand than Bobans record of The entries are hashtagged with #GoForTheHandful, making it easy to search for and bingewatch challengers pile Goldfish crackers in their comparatively tiny hands. The winner of the challenge not only won Goldfish for a year but also earned the coveted title of Official Goldfish Spokeshand. But the real winner was Goldfish Crackers. The draw of their contests video submissions earned them an impressive billion views on TikTok. What kind of sales promotion is being described here? a Consumerresponse sales promotion b Businessmarket sales promotion c Trademarket sales promotion d Consumermarket sales promotion Which of the following is not a reason that Goldfish would consider a sales promotion like the one described above? a Generate a longterm increase in sales b Encourage larger purchases c Stimulate repeat purchase d Prompt trial purchase Because the sales promotion effort described above involved a giveaway of a year's worth of Goldfish crackers for the winner, which one of the risks associated with sales promotion does Goldfish face? a Alienating customers b Creating a price orientation c Legal considerations d Managerial time and expense
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