Refer to the scenario below to answer the following question(s).
Reliable Tools Company is a manufacturer of hubs and axles for the trailer and heavy truck
industry. Although Reliable Tools only has 15 customers, the company is the sole supplier of
hub and axle components to those customers. Monthly sales at Reliable Tools are
approximately $1 million. “You might say we have all our eggs in one basket,” says owner
Arthur Deetz.
It is critical that a competent sales force be maintained in order to nurture those few but large
accounts. Ninety-five percent of Reliable Tools’ customers are located in Michigan, Ohio, and
Indiana, which means that travel time to all customers is relatively short. However, given the
nature of the industry, time spent with each customer is crucial.
159) Which of the following promotions would be most appropriate for Reliable Tools to use in
its attempt to promote its products and generate new business leads?
A) rebates and price packs
B) premiums
C) specialty advertising
D) samples
E) conventions and trade shows
160) Sales promotion consists of long-term incentives to encourage the purchase of a product
or service.
161) Advertising specialties include displays and demonstrations that take place at the point of
sale.
162) Creating a brand-marketing event or serving as a sole or participating sponsor of events
created by others is known as event marketing.