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Published byBrenda Bailey Modified over 9 years ago
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Promotional Strategy Chapter 16: Sales Promotion Part 3.
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Promotional Strategy Chapter 16: Sales Promotion Part 4: Trade Promotion
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Trade Promotion Reasons for trade promotion.
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ===========Discount price===========
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ===========Discount price===========
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ===========Discount price===========
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ===========Discount price===========
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ===========Discount price===========
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Everyday Low Pricing (EDLP) vs. Hi-Low Pricing. ===========Regular price============ ----------------------EDLP------------------------- ===========Discount price===========
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Percentage of Promotions Vehicles Used by Package Goods Manufacturers 0% 25% 50% 75% 100% Money back offers/other refunds Couponing consumer directCents-off promotions Couponing in retailers' ads Couponing in store Sampling new products Sampling established products Premium offersElectronic retail promotionsSweepstakesInternet promotionsContests Prepricing on package Other
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43% 35% 29% 25% 24% 20% 12% 11% 8% 7% 2%Gum Candy Carbonated Beverages Adult Cold Remedies Pet Food Coffee Sanitary Protection Deodorants Liquid Detergents Ready-to-Eat Cereal Disposable Diapers Percent of sales made with coupons for various products
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Arm & Hammer uses a promotion offer to encourage new uses of its product Source: Courtesy Church & Dwight Co., Inc.
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Contests can be used to build brand equity
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Samples are often distributed with local newspapers
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Gerber developed a sweepstakes in conjunction with a loyalty program Source: Courtesy Gerber Products Company.
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End of Part 3
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