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When a cereal's packaging includes mention of a free toy placed inside the cereal box, this is an example of a ______.

1) Promotional offer
2) Marketing strategy
3) Sales tactic
4) Product incentive

1 Answer

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Final answer:

The mention of a free toy in a cereal box is a form of product incentive, which is a part of a company's overall marketing strategy to entice purchases and improve consumer appeal.

Step-by-step explanation:

When a cereal's packaging includes mention of a free toy placed inside the cereal box, this is an example of a product incentive. A product incentive is a marketing tool that aims to increase the appeal of the product by offering additional value to the consumer, thereby encouraging a purchase. It's part of a broader marketing strategy that can involve various tactics to attract customers and build brand loyalty. Similar to offering a money-back guarantee, which acts as a promise of quality and reduces the risk for the consumer especially in scenarios like mail-order catalogs or online shopping, a free toy in a cereal box is meant to create a more enticing offer for the consumer.

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