Presentation is loading. Please wait.

Presentation is loading. Please wait.

Consumer Sales Promotions

Similar presentations


Presentation on theme: "Consumer Sales Promotions"— Presentation transcript:

1 Consumer Sales Promotions
Week 2 Lecture 1 Chapters 17, 18 & 19

2 Sales Promotion – Key Term Alert
Speaking the language…Talking the talk…. Above the Line Below the Line…

3 There are Only Two Ways to Increase Sales!
Existing Customers buy more Sell to new customers

4 The 4 P’s of Sales Promotion
Push Pull Profile Persuasion of Salesmen

5 Broad Promotional Objectives
Push Trade Focus Pull Consumer Focus Profile Brand Focus Encourage Sales Force/Channel Focus

6 Trade Promotion Techniques
Brand Management Objective Generating Trial /Purchase Encouraging Stocking Reinforcing Brand Image Immediate POP Sampling Bulk Discounts Merchandising POP Displays In Store Merchandising Dealer loaders Delayed Over-riding discounts Competitions Hospitality

7 Personal Selling Oral persuasive presentation to gain sale.
Involves face to face dialogue Gives flexibility of message Immediate feedback gained Very useful in business to business markets Very useful when products and services are complex

8 Varied Roles of a Salesperson
Prospecting Communicating Selling Servicing Information gathering Allocating Shaping

9 Varied Subroles in Selling
Order collector Order taker Pre-order caller Order supporter Order getter

10 Sales Promotion Range of tactical marketing techniques designed to add value to a product or service in order to achieve a specific objective Offers buyers additional inducement to buy Reach new customers Achieve a switch from competitors Increase display space Smooth seasonality Generate a database

11 Sales Promotion Repeat….
Only two ways to sell more product Get new buyers // customers Get new/lapsed customers to buy.

12

13

14 Consumer Promotion Techniques
Brand Management Objective Consumer Reward Generating Trial /Purchase Encouraging Repeat Purchases Reinforcing Brand Image Immediate Samples Instant Coupons In store multibuy -bogof Money-off next Bonus packs With pack premiums Special Packs - containers Delayed Checkout generated coupons Delivered coupons Mail-in Premiums Free – with – purchase premiums Mail-in money back On- pack coupons Rebates/Refunds Loyalty Programmes Collection schemes Self Liquidating Premiums Competitions

15 Sales Promotion (SP) What do the following SP techniques achieve?
Money off now Money off next Free samples Extra product Competitions Points Linked promotions Cash back Give examples

16 Sales Promotion Competitions Often low participation
Depends upon prize structure...complexity of mechanic Can offer excitement and PR opportunities / Build brand Entrants can provide insight to the customer


Download ppt "Consumer Sales Promotions"

Similar presentations


Ads by Google