Sales Promotion Methods Quiz

Which of the following is a marketing promotion method used by businesses to promote their sales on this day?

• Discount offers

• Social media campaigns

• Email marketing

• Loyalty programs

How did this Sale Day originate?

• It was created by retailers to boost sales.

• It started as a cultural festival.

• It was initiated by the government.

• It began as a charity event.

Which Sale Day brings in the most Revenue$$$ in the year?

• Black Friday

• Cyber Monday

• Christmas Eve

• Boxing Day

What can the "other Sale day" do to improve Sales?

• Offer discounts

• Increase advertising

• Extend store hours

• All of the above

Retailers make the most money during which month/weeks?

• January

• April

• July

• November-December

Why is this the month/week that retailers make the most money?

• Because of holiday shopping and sales events

• Due to tax refunds being issued

• As a result of back-to-school shopping

• Because of summer vacation spending

What event made YOLO become popular to people?

• The release of a popular song

• A viral social media challenge

• A major sporting event

• A blockbuster movie

What event made FOMO become popular to people?

• The rise of social media platforms

• The 2008 financial crisis

• The launch of the iPhone

• The Y2K scare

When are the Black Friday sales held?

• • The first Friday of November.

• The Friday after Canadian Thanksgiving

• The Friday after American Thanksgiving

• • The first Friday of December

What is a common challenge faced by online retailers during Cyber Monday?

• • Lack of customer interest

• • Website crashes due to high traffic

• • Excessive in-store returns

• • Low inventory levels