What is a key benefit of offering cash rewards for test drives?

Disable ads (and more) with a membership for a one time $4.99 payment

Prepare for the University of Central Florida MAR3503 Consumer Behavior Midterm. Explore our flashcards and multiple choice questions, complete with hints and detailed explanations. Ace your exam!

Offering cash rewards for test drives serves as a significant incentive that directly encourages consumer trial behavior. When potential customers are presented with a financial incentive, it lowers the perceived risk associated with trying out a new vehicle. Consumers may feel more inclined to visit the dealership, take the car for a spin, and ultimately explore their purchasing options.

This approach taps into the behavioral tendency of consumers to respond positively to rewards. The cash incentive can motivate individuals who might have been hesitant to engage with a car brand or dealership, making them more likely to convert from mere browsers into actual customers.

Other choices do not directly reflect the primary purpose of cash rewards in relation to consumer behavior. While increased customer satisfaction and high customer service ratings can be important, they are more likely to be byproducts of a positive experience rather than the main goal behind offering cash rewards. Additionally, cash rewards are more focused on incentivizing the act of trying out a product rather than lowering operational costs, which is typically not a direct result of consumer incentives.