Match the following lists.
| LIST I | LIST II |
| A) Rebate | I) OTG free with shopping of TV |
| B) Discount | II) Footwear company offers discount up to 50%. |
| C) Product combinations | III) Clothing company offered "Buy 2 get 1 free" |
| D) Quantity gift | IV) Selling Hyundai car at a discount of Rs. 50,000 for a limited period |
Choose the correct option from the options given below.
Answer & explanation
Correct answer: option 1
The correct answer is option 1- A-IV, B-II, C-I, D- III.
| LIST I | LIST II |
| A) Rebate | IV) Selling Hyundai car at a discount of Rs. 50,000 for a limited period |
| B) Discount | II) Footwear company offers discount up to 50%. |
| C) Product combinations | I) OTG free with shopping of TV |
| D) Quantity gift | III) Clothing company offered "Buy 2 get 1 free" |
Rebate: Offering products at special prices, to clear off excess inventory. Example, a car manufacturer’s offer to sell a particular brand of car at a discount of `10,000, for a limited period.
Discount: Offering products at less than list price. Example, a shoe company’s offer of ‘Discount Up to 50%’ or a shirt marketer’s offer of ‘50+40% Discount.
Product combinations: Offering another product as gift along with the purchase of a product, say offer of a pack of ½ kg of rice with the purchase of a bag of Aatta.
Quantity gift: Offering extra quantity of the product commonly used by marketer of toiletry products. For example, a shaving cream’s offer of ‘40% extra' or ‘Buy 2 Get 1 Free’ offer of a marketer of shirts.