Just in time for Valentine’s Day, Applebee’s is launching a new “Date Night Pass” for $200 that includes up to $30 in food per week for a year.
Click here to read the story at foxbusiness.com.
Discussion Questions:
- What is promotion?
- What are the different types of promotion?
- Describe this promotion from Applebee’s, based on what you learned from this news story.
- What type of promotion is this?
- What is price?
- How do you think Applebee’s determined the $200 price point?
- What is brand loyalty?
- How might this promotion help Applebee’s to build brand loyalty?
- What is positioning?
- How might Applebee’s be positioning the brand with a “Date Night” type of promotion?
- Why is that important?
- Why do you think they chose to launch this promotion just before Valentine’s Day?