Advertisements
RSS

Finance Terms : RENT-A-CROWD

16 Jan

Definition of ‘Rent-A-Crowd’

A group of people rented to make a  business appear busy. Rent-a-crowds are sometimes employed on the grand openings  of a new business to give the appearance that something is attracting people to  the store, which then potentially attracts real customers, who come to see why  the crowd has gathered.

Rent-a-crowds can be a good  strategy to help get new customers into the door. This can also make a  business look busy and give potential clients the impression that business is  good.

SOURCE: INVESTOPEDIA

Advertisements
 
 

Tags: ,

One response to “Finance Terms : RENT-A-CROWD

  1. Abubakar Mohamed

    January 16, 2013 at 8:04 am

    How long does the rent a crowd last is as long as the company has got the potential clients or is there a specific time

     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: