SlideShare una empresa de Scribd logo
1 de 19
   Are incentives that encourage buying
    › Build awareness
    › ↑ sales from current customers
    › Reward loyalty
    › Usually supported by advertising
    › Types:
       1. Trade Promotions
       2. Consumer Promotions
 Sales activities designed to get support
  for a product from manufacturers,
  wholesalers, retail
 More $ is actually spent on promoting to
  businesses than consumers
 Sales strategies to get buyers to buy
  product or service
 Types:
    ›   Coupons
    ›   Premium deals
    ›   Incentives
    ›   Product samples
    ›   Sponsorships
    ›   Promotional tie-ins
    ›   Product placement
    ›   Loyalty marketing programs
    ›   Point of purchase displays
 Certificates for cash discounts
 Stores accept & send them to a
  manufacturer’s headquarters or clearing
  house to be sorted
 Redemption centers reimburse stores for
  face value + charge a handling about
  8¢ per coupon
 Apps for your phone
 Low cost items provided at discount or for FREE
 Build product loyalty
 Attract new customers “added value”
 3 Types:
    › Factory packs = free gifts placed in product packages (cereal)
    › Traffic builders= pens, key chains, coffee mugs @ store or events
    › Coupon plans= ongoing programs (customer sends in soup
      labels)


The House Boardshop
 Free trial sizes
 Especially important in
  promoting new
  products
 Drug manufacturers to
  doctors and dentists
   People, events,
    groups, or a
    physical location
 Arrangements between 1 or more
  retailers or manufacturers
 Both benefit from combing resources
   Brand name products in movies, TV,
    sporting events, or in commercials for
    another product




   Transformers
   Programs
    that reward
    customers
    for
    patronizing
 Designed
  primarily by
  manufacturers
  to display their
  products
 Placed in ↑
  traffic areas for
  in store
  advertising
   Page 379 in text book

Más contenido relacionado

La actualidad más candente

Try a Scratch and Win promotion!
Try a Scratch and Win promotion!Try a Scratch and Win promotion!
Try a Scratch and Win promotion!Scratch Off Systems
 
29 Ways To Grow Your Ecommerce Revenue
29 Ways To Grow Your Ecommerce Revenue29 Ways To Grow Your Ecommerce Revenue
29 Ways To Grow Your Ecommerce RevenueJirafe
 
Visual merchandising tips for effective cosmetics merchandising
Visual merchandising tips for effective cosmetics merchandisingVisual merchandising tips for effective cosmetics merchandising
Visual merchandising tips for effective cosmetics merchandisingAnoop Ashok
 
5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail store5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail storeAnoop Ashok
 
Marketing management Promotion
Marketing management  PromotionMarketing management  Promotion
Marketing management PromotionMd Killedar
 
Sales Promotion
Sales Promotion Sales Promotion
Sales Promotion Haris Ahmed
 
HollyGauldin_Unit 7_Assignment 1_MT450
HollyGauldin_Unit 7_Assignment 1_MT450HollyGauldin_Unit 7_Assignment 1_MT450
HollyGauldin_Unit 7_Assignment 1_MT450Holly Gauldin
 
Cashback Solutions
Cashback SolutionsCashback Solutions
Cashback SolutionsJoey Reyes
 
Pricing and Channel Management 2
Pricing and Channel Management 2Pricing and Channel Management 2
Pricing and Channel Management 2Shopatron
 
Various advertisement appeals
Various advertisement appealsVarious advertisement appeals
Various advertisement appealsRinkal Jani
 

La actualidad más candente (20)

Try a Scratch and Win promotion!
Try a Scratch and Win promotion!Try a Scratch and Win promotion!
Try a Scratch and Win promotion!
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
Bachatlal
BachatlalBachatlal
Bachatlal
 
29 Ways To Grow Your Ecommerce Revenue
29 Ways To Grow Your Ecommerce Revenue29 Ways To Grow Your Ecommerce Revenue
29 Ways To Grow Your Ecommerce Revenue
 
WIRL
WIRLWIRL
WIRL
 
Aida model
Aida modelAida model
Aida model
 
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, AmazonWhat Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
 
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, AmazonWhat Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
What Amazon Learned About Creating Rewards Campaigns - Mike Hines, Amazon
 
2013 STADIS - ALSD BUNDLING PRESENTATION
2013 STADIS - ALSD BUNDLING PRESENTATION2013 STADIS - ALSD BUNDLING PRESENTATION
2013 STADIS - ALSD BUNDLING PRESENTATION
 
Entrepreneurial marketing-17803
Entrepreneurial marketing-17803Entrepreneurial marketing-17803
Entrepreneurial marketing-17803
 
Visual merchandising tips for effective cosmetics merchandising
Visual merchandising tips for effective cosmetics merchandisingVisual merchandising tips for effective cosmetics merchandising
Visual merchandising tips for effective cosmetics merchandising
 
5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail store5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail store
 
Marketing management Promotion
Marketing management  PromotionMarketing management  Promotion
Marketing management Promotion
 
Sales Promotion
Sales Promotion Sales Promotion
Sales Promotion
 
HollyGauldin_Unit 7_Assignment 1_MT450
HollyGauldin_Unit 7_Assignment 1_MT450HollyGauldin_Unit 7_Assignment 1_MT450
HollyGauldin_Unit 7_Assignment 1_MT450
 
Cashback Solutions
Cashback SolutionsCashback Solutions
Cashback Solutions
 
Unit 10 review questions
Unit 10 review questionsUnit 10 review questions
Unit 10 review questions
 
Retail Promotion
Retail PromotionRetail Promotion
Retail Promotion
 
Pricing and Channel Management 2
Pricing and Channel Management 2Pricing and Channel Management 2
Pricing and Channel Management 2
 
Various advertisement appeals
Various advertisement appealsVarious advertisement appeals
Various advertisement appeals
 

Similar a Promotions strategies to boost sales and loyalty

Promotions Unit
Promotions UnitPromotions Unit
Promotions Unitjohn3092
 
Sales promotional tools
Sales promotional toolsSales promotional tools
Sales promotional toolsVishnu Kj
 
Tools of sales promotion
Tools of sales promotionTools of sales promotion
Tools of sales promotionSai Datri Arige
 
Sales Promotion in Marketing
Sales Promotion in MarketingSales Promotion in Marketing
Sales Promotion in MarketingAnubha Rastogi
 
Salesmanship and sales promotion
Salesmanship and sales promotionSalesmanship and sales promotion
Salesmanship and sales promotionscmt2014
 
Tools of sales promotion
Tools of sales promotionTools of sales promotion
Tools of sales promotionsumkrishna
 
Sales Promotion & Supplementary Media
Sales Promotion & Supplementary MediaSales Promotion & Supplementary Media
Sales Promotion & Supplementary MediaTayyab Ghafoor
 
Sales Promotion in Retailing
Sales Promotion in RetailingSales Promotion in Retailing
Sales Promotion in RetailingArjun Rajan
 
Promotion by manish badhiye
Promotion  by manish badhiyePromotion  by manish badhiye
Promotion by manish badhiyeManish Badhiye
 
Sales Promotion
Sales PromotionSales Promotion
Sales Promotionakdm28
 
Consumer promotion
Consumer promotionConsumer promotion
Consumer promotionAditya Mehta
 
MGT2306-MARKETING-MANAGEMENT LESSON 10B
MGT2306-MARKETING-MANAGEMENT LESSON 10BMGT2306-MARKETING-MANAGEMENT LESSON 10B
MGT2306-MARKETING-MANAGEMENT LESSON 10BJacqueline Quek
 

Similar a Promotions strategies to boost sales and loyalty (20)

Promotions Unit
Promotions UnitPromotions Unit
Promotions Unit
 
Sales promotional tools
Sales promotional toolsSales promotional tools
Sales promotional tools
 
Marketing Essentials: Sales Promotions
Marketing Essentials: Sales PromotionsMarketing Essentials: Sales Promotions
Marketing Essentials: Sales Promotions
 
Tools of sales promotion
Tools of sales promotionTools of sales promotion
Tools of sales promotion
 
Module 4
Module 4Module 4
Module 4
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
Sales Promotion in Marketing
Sales Promotion in MarketingSales Promotion in Marketing
Sales Promotion in Marketing
 
Salesmanship and sales promotion
Salesmanship and sales promotionSalesmanship and sales promotion
Salesmanship and sales promotion
 
Tools of sales promotion
Tools of sales promotionTools of sales promotion
Tools of sales promotion
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
Sales Promotion & Supplementary Media
Sales Promotion & Supplementary MediaSales Promotion & Supplementary Media
Sales Promotion & Supplementary Media
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
Sales Promotion in Retailing
Sales Promotion in RetailingSales Promotion in Retailing
Sales Promotion in Retailing
 
Promotion by manish badhiye
Promotion  by manish badhiyePromotion  by manish badhiye
Promotion by manish badhiye
 
Sales promotion
Sales promotionSales promotion
Sales promotion
 
Sales Promotion
Sales PromotionSales Promotion
Sales Promotion
 
Consumer promotion tools
Consumer promotion toolsConsumer promotion tools
Consumer promotion tools
 
Consumer promotion
Consumer promotionConsumer promotion
Consumer promotion
 
Sales promotion.pptx
Sales promotion.pptxSales promotion.pptx
Sales promotion.pptx
 
MGT2306-MARKETING-MANAGEMENT LESSON 10B
MGT2306-MARKETING-MANAGEMENT LESSON 10BMGT2306-MARKETING-MANAGEMENT LESSON 10B
MGT2306-MARKETING-MANAGEMENT LESSON 10B
 

Más de john3092

2 Mkt segment & Rsch
2  Mkt segment & Rsch2  Mkt segment & Rsch
2 Mkt segment & Rschjohn3092
 
9 paper writing stucture
9  paper writing stucture9  paper writing stucture
9 paper writing stucturejohn3092
 
8 Financial Projections
8  Financial Projections8  Financial Projections
8 Financial Projectionsjohn3092
 
7 Promotions- 4 P's
7  Promotions- 4 P's7  Promotions- 4 P's
7 Promotions- 4 P'sjohn3092
 
6 Legal & Ethical
6  Legal & Ethical 6  Legal & Ethical
6 Legal & Ethical john3092
 
3 Competition- Location-Start up
3  Competition- Location-Start up3  Competition- Location-Start up
3 Competition- Location-Start upjohn3092
 
1 Intro to Entrepreneurship
1  Intro to Entrepreneurship1  Intro to Entrepreneurship
1 Intro to Entrepreneurshipjohn3092
 
Product Life Cycle
Product Life CycleProduct Life Cycle
Product Life Cyclejohn3092
 
Elements of Marketing
Elements of MarketingElements of Marketing
Elements of Marketingjohn3092
 
Professional selling
Professional sellingProfessional selling
Professional sellingjohn3092
 
Ch 5 proprietorship & partnerships
Ch 5 proprietorship & partnershipsCh 5 proprietorship & partnerships
Ch 5 proprietorship & partnershipsjohn3092
 
Chapter 02 presentation
Chapter 02 presentationChapter 02 presentation
Chapter 02 presentationjohn3092
 
Ch 1 intro to business
Ch 1 intro to businessCh 1 intro to business
Ch 1 intro to businessjohn3092
 
Ethics & Internat'l Business
Ethics & Internat'l BusinessEthics & Internat'l Business
Ethics & Internat'l Businessjohn3092
 
Ch 1 Intro to business
Ch 1 Intro to businessCh 1 Intro to business
Ch 1 Intro to businessjohn3092
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentationjohn3092
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentationjohn3092
 
Chapter 18 visual merchandising
Chapter 18 visual merchandisingChapter 18 visual merchandising
Chapter 18 visual merchandisingjohn3092
 
Promotions Ch 17.1
Promotions Ch 17.1Promotions Ch 17.1
Promotions Ch 17.1john3092
 
The World of Marketing
The World of MarketingThe World of Marketing
The World of Marketingjohn3092
 

Más de john3092 (20)

2 Mkt segment & Rsch
2  Mkt segment & Rsch2  Mkt segment & Rsch
2 Mkt segment & Rsch
 
9 paper writing stucture
9  paper writing stucture9  paper writing stucture
9 paper writing stucture
 
8 Financial Projections
8  Financial Projections8  Financial Projections
8 Financial Projections
 
7 Promotions- 4 P's
7  Promotions- 4 P's7  Promotions- 4 P's
7 Promotions- 4 P's
 
6 Legal & Ethical
6  Legal & Ethical 6  Legal & Ethical
6 Legal & Ethical
 
3 Competition- Location-Start up
3  Competition- Location-Start up3  Competition- Location-Start up
3 Competition- Location-Start up
 
1 Intro to Entrepreneurship
1  Intro to Entrepreneurship1  Intro to Entrepreneurship
1 Intro to Entrepreneurship
 
Product Life Cycle
Product Life CycleProduct Life Cycle
Product Life Cycle
 
Elements of Marketing
Elements of MarketingElements of Marketing
Elements of Marketing
 
Professional selling
Professional sellingProfessional selling
Professional selling
 
Ch 5 proprietorship & partnerships
Ch 5 proprietorship & partnershipsCh 5 proprietorship & partnerships
Ch 5 proprietorship & partnerships
 
Chapter 02 presentation
Chapter 02 presentationChapter 02 presentation
Chapter 02 presentation
 
Ch 1 intro to business
Ch 1 intro to businessCh 1 intro to business
Ch 1 intro to business
 
Ethics & Internat'l Business
Ethics & Internat'l BusinessEthics & Internat'l Business
Ethics & Internat'l Business
 
Ch 1 Intro to business
Ch 1 Intro to businessCh 1 Intro to business
Ch 1 Intro to business
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentation
 
Chapter 07 presentation
Chapter 07 presentationChapter 07 presentation
Chapter 07 presentation
 
Chapter 18 visual merchandising
Chapter 18 visual merchandisingChapter 18 visual merchandising
Chapter 18 visual merchandising
 
Promotions Ch 17.1
Promotions Ch 17.1Promotions Ch 17.1
Promotions Ch 17.1
 
The World of Marketing
The World of MarketingThe World of Marketing
The World of Marketing
 

Último

Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxtrishalcan8
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 

Último (20)

Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 

Promotions strategies to boost sales and loyalty

  • 1.
  • 2. Are incentives that encourage buying › Build awareness › ↑ sales from current customers › Reward loyalty › Usually supported by advertising › Types: 1. Trade Promotions 2. Consumer Promotions
  • 3.  Sales activities designed to get support for a product from manufacturers, wholesalers, retail  More $ is actually spent on promoting to businesses than consumers
  • 4.  Sales strategies to get buyers to buy product or service  Types: › Coupons › Premium deals › Incentives › Product samples › Sponsorships › Promotional tie-ins › Product placement › Loyalty marketing programs › Point of purchase displays
  • 5.  Certificates for cash discounts  Stores accept & send them to a manufacturer’s headquarters or clearing house to be sorted  Redemption centers reimburse stores for face value + charge a handling about 8¢ per coupon  Apps for your phone
  • 6.  Low cost items provided at discount or for FREE  Build product loyalty  Attract new customers “added value”  3 Types: › Factory packs = free gifts placed in product packages (cereal) › Traffic builders= pens, key chains, coffee mugs @ store or events › Coupon plans= ongoing programs (customer sends in soup labels) The House Boardshop
  • 7.  Free trial sizes  Especially important in promoting new products  Drug manufacturers to doctors and dentists
  • 8. People, events, groups, or a physical location
  • 9.  Arrangements between 1 or more retailers or manufacturers  Both benefit from combing resources
  • 10. Brand name products in movies, TV, sporting events, or in commercials for another product  Transformers
  • 11. Programs that reward customers for patronizing
  • 12.  Designed primarily by manufacturers to display their products  Placed in ↑ traffic areas for in store advertising
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19. Page 379 in text book