Scenario 15-1
One of the nation’s most popular times for sales promotions was a great deal longer than
usual in 2010. Black Friday, which typically takes place the Friday following
Thanksgiving, started in October for a number of retailers and was also scheduled to
occur throughout the month of November. Sears and Walmart, who had been
experiencing a continuous decline in sales recently, were the biggest names behind the
move. Executives from a number of companies began to realize that consumers respond
to the word ‘sale,” regardless of the time of year, so they decided to simply stretch the
period of time in which their biggest sales ran. Companies designed new sale flyers and
circulars, and began to promote the various sales on their websites. Other companies
such as Target were also implementing a similar strategyby emphasizing savings earlier
in the season and for a longer period of time, company executives hoped their brand
would be the first, second, and last choice for consumers during the holiday season.
(Stephanie Clifford, “Stores Push Black Friday Into October.” The New York Times,
October 28, 2010.)
During the holiday season, Snuggles, a winter clothing retail store, offers its employees
$10 for every additional sweater that they sell. This is an example of:
a. a free premium.
b. a merchandise allowance.
c. push money.
d. a slotting fee.
A brand that does not meet customer needs can still be very successful if it advertises its
products extensively.
a. True
b. False