GCSE Business Studies - Product Trial and Repeat Purchase

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What is product trial?
Product trial is when customers buy/try a good or service for the first time and they assess whether or not they want to buy it again.
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What are the marketing methods to encourage product trial?
Advertising, free publicity, free samples, low trial prices and targeting trade buyers.
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What is repeat purchase?
Where customers return and buy the product again and again.
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How can businesses use promotion to encourage repeat purchase?
Advertising and competitions.
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How can businesses use price to encourage repeat purchase?
Using special offers.
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How can businesses improve the product to encourage repeat purchase?
Add additional features and upgrade the packaging.
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How can businesses use place to encourage repeat purchase?
Use easily accessible retailers and maintain links with trade buyers.
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Other cards in this set

Card 2

Front

What are the marketing methods to encourage product trial?

Back

Advertising, free publicity, free samples, low trial prices and targeting trade buyers.

Card 3

Front

What is repeat purchase?

Back

Preview of the front of card 3

Card 4

Front

How can businesses use promotion to encourage repeat purchase?

Back

Preview of the front of card 4

Card 5

Front

How can businesses use price to encourage repeat purchase?

Back

Preview of the front of card 5
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