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A regional sporting goods chain purchased high-end golf simulators to install in each of its three stores, and management is considering the use of several trade promotional strategies to pay for them, including a title sponsorship or a grand opening event

Sociology

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A regional sporting goods chain purchased high-end golf simulators to install in each of its three stores, and management is considering the use of several trade promotional strategies to pay for them, including a title sponsorship or a grand opening event.

Explain the difference between these trade promotions. What should be considered to ensure these promotions are effective for the company to use? What other trade promotions might be considered? 175 words