Draft a memorandum (memo) using an appropriate format, to all Sales Executives in the organisation listing two methods of Sales promotion to be used in the business. - Leaving Cert Business - Question 8 - 2001

To: All Sales Executives
From: [Your Name/Position]
Date: [Insert Date]
Subject: Sales Promotion Methods

Dear Team,

I hope this memo finds you well. As part of our ongoing efforts to enhance our sales strategies, I would like to outline two effective methods of sales promotion that we will be implementing in our business in the upcoming period:

1. Discount Offers: This method involves providing temporary price reductions on products to encourage customers to make purchases. This can increase sales volume, clear out inventory, and attract new customers who may be hesitant to pay full price.

2. Loyalty Programs: Implementing a loyalty program rewards repeat customers with discounts, exclusive offers, or points that they can redeem for future purchases. This can help in building a solid customer base and increasing customer retention rates.

Please make sure to familiarize yourselves with these new methods and prepare to incorporate them into your sales strategies. If you have any questions or need further clarification, feel free to reach out.

Best Regards,
[Your Name]
[Your Position]