This document defines sales promotion as short-term incentives used to encourage immediate purchase or sales of a product. It discusses how sales promotion consists of marketing activities that try to stimulate quick buyer action or immediate sales. The document outlines various objectives of sales promotion including attracting new customers, rewarding loyal customers, and increasing occasional users. It also discusses tools for consumer promotion like coupons, rebates, and samples as well as tools for trade promotion aimed at retailers.
This topic will cover the definition of promotion, roles of promotion in event, advantages & important of event promotion, methods of event promotion and characteristics of an effective event promotion.
slide share on promotion strategy how the promotion strategy works in selling out the products and how promotion activities are necessary to sell the more products and to increase the sale as well as profit of the company
Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.
The term "marketing mix" is a foundation model for businesses, historically centered around product, price, place, and promotion. The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its marketing objectives in the target market".
Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenue and other metrics, since 2014
This project was carried out to understand Segmentation, Targeting, Positioning Framework. This project is on Spark Private Limited, a figment of imagination, involving New Product Development / Conceptualization.
PPt on Product Mix of HUl
Introduction
Product mix of hul and Bru Coffee
their width,length,depth,consistenct in detail
Bru coffee product and their categorization in detail
A tool in Marketing Communication that manifest immediate purchase with the help of impulsive buying decision. learn about various methods of sales promotion and key techniques.
This topic will cover the definition of promotion, roles of promotion in event, advantages & important of event promotion, methods of event promotion and characteristics of an effective event promotion.
slide share on promotion strategy how the promotion strategy works in selling out the products and how promotion activities are necessary to sell the more products and to increase the sale as well as profit of the company
Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.
The term "marketing mix" is a foundation model for businesses, historically centered around product, price, place, and promotion. The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its marketing objectives in the target market".
Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenue and other metrics, since 2014
This project was carried out to understand Segmentation, Targeting, Positioning Framework. This project is on Spark Private Limited, a figment of imagination, involving New Product Development / Conceptualization.
PPt on Product Mix of HUl
Introduction
Product mix of hul and Bru Coffee
their width,length,depth,consistenct in detail
Bru coffee product and their categorization in detail
A tool in Marketing Communication that manifest immediate purchase with the help of impulsive buying decision. learn about various methods of sales promotion and key techniques.
Each year BrightFocus Foundation kicks off the busiest day at ARVO -- Monday's opening -- with a breakfast to honor vision grantees who receive named awards in macular degeneration and glaucoma research endowed by generous donors.
Sales promotion is a vital bridge or a connecting link between personal selling and advertising. It increase sales by publicity through the media which are complementary to press and poster advertising. sales promotion help for introduce new products, attract new customers, meet competition from others effectively. it also prompt existing customers to buy more.
Promotions can be an effective tool for driving traffic and increasing sales. We explore several options for creating promotional campaigns, including discounting, "buy one, get one" strategies, incentives/frequent buyer programs, holiday themed promotions, time sensitive promotions and more. The goal is to identify a set of promotional tools that can be effective in accomplishing short-term and long-term sales goals, without negatively impacting profit margins.
First Things First: Building and Effective Marketing Strategy
Too many companies (and marketers) jump straight into activation planning without formalizing a marketing strategy. It may seem tedious, but analyzing the mindset of your targeted audiences and identifying the messaging points most likely to resonate with them is time well spent. That process is also a great opportunity for marketers to collaborate with sales leaders and account managers on a galvanized go-to-market approach. I’ll walk you through the methods and tools we use with our clients to ensure campaign success.
Key Takeaways:
-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.\
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
The Secret to Engaging Modern Consumers: Journey Mapping and Personalization
In today's digital landscape, understanding the customer's journey and delivering personalized experiences are paramount. This masterclass delves into the art of consumer journey mapping, a powerful technique that visualizes the entire customer experience across touchpoints. Attendees will learn how to create detailed journey maps, identify pain points, and uncover opportunities for optimization. The presentation also explores personalization strategies that leverage data and technology to tailor content, products, and experiences to individual customers. From real-time personalization to predictive analytics, attendees will gain insights into cutting-edge approaches that drive engagement and loyalty.
Key Takeaways:
Current consumer landscape; Steps to mapping an effective consumer journey; Understanding the value of personalization; Integrating mapping and personalization for success; Brands that are getting It right!; Best Practices; Future Trends
Is AI-Generated Content the Future of Content Creation?Cut-the-SaaS
Discover the transformative power of AI in content creation with our presentation, "Is AI-Generated Content the Future of Content Creation?" by Puran Parsani, CEO & Editor of Cut-The-SaaS. Learn how AI-generated content is revolutionizing marketing, publishing, education, healthcare, and finance by offering unprecedented efficiency, creativity, and scalability.
Understanding
AI-Generated Content:
AI-generated content includes text, images, videos, and audio produced by AI without direct human involvement. This technology leverages large datasets to create contextually relevant and coherent material, streamlining content production.
Key Benefits:
Content Creation: Rapidly generate high-quality content for blogs, articles, and social media.
Brainstorming: AI simulates conversations to inspire creative ideas.
Research Assistance: Efficiently summarize and research information.
Market Insights:
The content marketing industry is projected to grow to $17.6 billion by 2032, with AI-generated content expected to dominate over 55% of the market.
Case Study: CNET’s AI Content Controversy:
CNET’s use of AI for news articles led to public scrutiny due to factual inaccuracies, highlighting the need for transparency and human oversight.
Benefits Across Industries:
Marketing: Personalize content at scale and optimize engagement with predictive analytics.
Publishing: Automate content creation for faster publication cycles.
Education: Efficiently generate educational materials.
Healthcare: Create accurate content for patients and professionals.
Finance: Produce timely financial content for decision-making.
Challenges and Ethical Considerations:
Transparency: Disclose AI use to maintain trust.
Bias: Address potential AI biases with diverse datasets.
SEO: Ensure AI content meets SEO standards.
Quality: Maintain high standards to prevent misinformation.
Conclusion:
AI-generated content offers significant benefits in efficiency, personalization, and scalability. However, ethical considerations and quality assurance are crucial for responsible use. Explore the future of content creation with us and see how AI is transforming various industries.
Connect with Us:
Follow Cut-The-SaaS on LinkedIn, Instagram, YouTube, Twitter, and Medium. Visit cut-the-saas.com for more insights and resources.
Core Web Vitals SEO Workshop - improve your performance [pdf]Peter Mead
Core Web Vitals to improve your website performance for better SEO results with CWV.
CWV Topics include:
- Understanding the latest Core Web Vitals including the significance of LCP, INP and CLS + their impact on SEO
- Optimisation techniques from our experts on how to improve your CWV on platforms like WordPress and WP Engine
- The impact of user experience and SEO
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Key Takeaways:
Understand how search engines work
Be able to find out where your users search
Know what is required for each discipline of SEO
Feel confident creating an SEO Plan
Confidently measure SEO performance
Come learn how YOU can Animate and Illuminate the World with Generative AI's Explosive Power. Come sit in the driver's seat and learn to harness this great technology.
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
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- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
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With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
A.I. (artificial intelligence) platforms are popping up all the time, and many of them can and should be used to help grow your brand, increase your sales and decrease your marketing costs.In this presentation:We will review some of the best AI platforms that are available for you to use.We will interact with some of the platforms in real-time, so attendees can see how they work.We will also look at some current brands that are using AI to help them create marketing messages, saving them time and money in the process. Lastly, we will discuss the pros and cons of using AI in marketing & branding and have a lively conversation that includes comments from the audience.
Key Takeaways:
Attendees will learn about LLM platforms, like ChatGPT, and how they work, with preset examples and real time interactions with the platform. Attendees will learn about other AI platforms that are creating graphic design elements at the push of a button...pre-set examples and real-time interactions.Attendees will discuss the pros & cons of AI in marketing + branding and share their perspectives with one another. Attendees will learn about the cost savings and the time savings associated with using AI, should they choose to.
The Forgotten Secret Weapon of Digital Marketing: Email
Digital marketing is a rapidly changing, ever evolving industry--Influencers, Threads, X, AI, etc. But one of the most effective digital marketing tools is also one of the oldest: Email. Find out from two Houston-based digital experts how to maximize your results from email.
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Email has the best ROI of any digital tactic
It can be used at any stage of the customer journey
It is increasingly important as the cookie-less future gets closer and closer
2. Activity that provides special incentives to encourage immediate
response from customers, distributors, and an organization’s
sales force.”
Sales Promotion consists of short-term
incentives to encourage the purchase or
sales of a product.
Activity that provides special
incentives to encourage immediate
response from customers,
distributors, and an organization’s
sales force.”
Sales Promotion consists of short-
term incentives to encourage the
purchase or sales of a product
3. Advertising offer reason to buy, sales promotion offers an incentives toAdvertising offer reason to buy, sales promotion offers an incentives to
buybuy
.. Sales promotionSales promotion consists of all marketing activities that attempt toconsists of all marketing activities that attempt to
stimulate quick buyer action, or, in other words, attempt to promotestimulate quick buyer action, or, in other words, attempt to promote
immediate sales of a product (thereby yielding the name salesimmediate sales of a product (thereby yielding the name sales
promotion).promotion).
Consumer
Sales
Promotion
Consumer
Sales
Promotion
Trade
Sales
Promotion
Trade
Sales
Promotion
Consumer market
Marketing channel
Goal = Drive immediate purchase
= Influence Behavior
4. Purpose of sales promotionPurpose of sales promotion
Attract new triesAttract new tries
To reward loyal customerTo reward loyal customer
Increase purchase rate of occasional userIncrease purchase rate of occasional user
Attracts brand switcherAttracts brand switcher
Marketing of high brandMarketing of high brand
Building long term relationship with customerBuilding long term relationship with customer
5. Major decision in sales promotionMajor decision in sales promotion
Establish objectivesEstablish objectives
Select the toolsSelect the tools
6. Establishing ObjectivesEstablishing Objectives
Type of BuyerType of Buyer
Loyal
Customers
Competitor’s
Customers
Brand
Switchers
Price Buyers
Desired ResultsDesired Results
• Reinforce behavior
• Increase consumption
• Change timing
• Break loyalty
• Persuade to switch
• Persuade to buy your
brand more often
• Appeal with low
prices
• Supply added value
Sales PromotionSales Promotion
ExamplesExamples
• Loyalty marketing
• Bonus packs
• Sampling
• Sweepstakes,
contests, premiums
• Price-lowering
promotion
• Trade deals
• Coupons, price-off
packages, refunds
• Trade deals
7. Objectives for final buyers:Objectives for final buyers:
There are four basic buyer action that can beThere are four basic buyer action that can be
stimulated by S.Pstimulated by S.P
InquiresInquires:when new model or version of a product:when new model or version of a product
or service are being offered.SP may designed toor service are being offered.SP may designed to
stimulate inquires.stimulate inquires.
It can be include returning a form, requestingIt can be include returning a form, requesting
additional information about a product or service.additional information about a product or service.
Managers can generate inquire by offering:Managers can generate inquire by offering:
Free catalogsFree catalogs
Mail in coupons for informationMail in coupons for information
8. Encourage re purchasingEncourage re purchasing:another objectives is:another objectives is
repurchasing.to the extent that habit building will lead torepurchasing.to the extent that habit building will lead to
brand loyalty.brand loyalty.
Managers can generate repurchasing by,Managers can generate repurchasing by,
On pack couponsOn pack coupons
Mail in coupons for rebateMail in coupons for rebate
Product trialProduct trial A product trial objectives is certainlyA product trial objectives is certainly
appropriate in marketing new product.firms which marketappropriate in marketing new product.firms which market
a number of different products (such as franchisea number of different products (such as franchise
extension) may be use this techniques.extension) may be use this techniques.
It can be done for,It can be done for,
New productNew product
Related productRelated product
Brand switcher----by,Brand switcher----by,
9. CouponsCoupons
Free samplesFree samples
ContestContest
DemonstrationDemonstration
Traffic buildingTraffic building: it can be use as a vehical for: it can be use as a vehical for
stimulating more store traffic from new buyers asstimulating more store traffic from new buyers as
well as for the repurchase.well as for the repurchase.
Special attraction in malls may attract customersSpecial attraction in malls may attract customers
who will then make some purchases. It can also bewho will then make some purchases. It can also be
done by,done by,
Special salesSpecial sales
Weekly salesWeekly sales
Entertainment events.Entertainment events.
10. Trade promotion objectivesTrade promotion objectives
It can also says channel member objectives.theIt can also says channel member objectives.the
fundamental purpose of trade promotion is to pushfundamental purpose of trade promotion is to push
the product through marketing channel by gettingthe product through marketing channel by getting
resellerreseller
(retailer, whole seller )to aggressive market the(retailer, whole seller )to aggressive market the
product .product .
Encourage trade inventory buildingEncourage trade inventory building::
manufacture may offer special margin or extramanufacture may offer special margin or extra
merchandise at no extra cost to include an increasemerchandise at no extra cost to include an increase
in retailer or whole seller inventories.in retailer or whole seller inventories.
11. Persuading retailers to carry new items andPersuading retailers to carry new items and
high level of inventoryhigh level of inventory
Encourage off season buyingEncourage off season buying
Building brand loyaltyBuilding brand loyalty
Gaining entry into new retail outlets.Gaining entry into new retail outlets.
12. Selecting consumer-promotionSelecting consumer-promotion
tooltool
CouponCoupon
RebateRebate
PremiumPremium
A certificate that entitles
consumers to an immediate
price reduction.
A certificate that entitles
consumers to an immediate
price reduction.
A cash refund given for the
purchase of a product during
a specific product.
A cash refund given for the
purchase of a product during
a specific product.
An extra item offered to the consumer,
usually in exchange
for some proof of purchase.
An extra item offered to the consumer,
usually in exchange
for some proof of purchase.
Consumer sales promotions are steered toward the ultimate product users
—typically individuals—especially shoppers in the local supermarket.
13. SamplingSampling
A promotional program that allows
the consumer the opportunity to try a
product or service for free.
A promotional program that allows
the consumer the opportunity to try a
product or service for free.
ContestContest
SweepstakesSweepstakes
Promotions that require skill or
ability to compete for prizes.
Promotions that require skill or
ability to compete for prizes.
Promotions that depend on
chance or luck, with
free participation.
Promotions that depend on
chance or luck, with
free participation.
14. A premiumA premium is tangible compensation, anis tangible compensation, an
incentive, given for rendering a particular deed,incentive, given for rendering a particular deed,
usually buying a product. The premium may beusually buying a product. The premium may be
free, or, if not, the cost is well below the usualfree, or, if not, the cost is well below the usual
price.price.
On-shelf couponingOn-shelf couponing: Coupons are present at the: Coupons are present at the
shelf where the product is available.shelf where the product is available.
Checkout dispensers: On checkout the customerCheckout dispensers: On checkout the customer
is given a coupon based on products purchased.is given a coupon based on products purchased.
On-line couponingOn-line couponing: Coupons are available on: Coupons are available on
line. Consumers print them out and take them toline. Consumers print them out and take them to
the store.the store.
15. Point-of-sale displays:Point-of-sale displays:
Aisle interrupter: A sign the juts into the aisle fromAisle interrupter: A sign the juts into the aisle from
the shelf.the shelf.
Dangler: A sign that sways when a consumer walksDangler: A sign that sways when a consumer walks
by it.by it.
Dump bin: A bin full of products dumped inside.Dump bin: A bin full of products dumped inside.
Glorifier: A small stage that elevates a productGlorifier: A small stage that elevates a product
above other products.above other products.
. Lipstick Board: A board on which messages are. Lipstick Board: A board on which messages are
written in crayon.written in crayon.
Necker: A coupon placed on the 'neck' of a bottle.Necker: A coupon placed on the 'neck' of a bottle.
16. Money RefundsMoney Refunds
Offering consumers money when they mail in a proofOffering consumers money when they mail in a proof
of purchase, usually for multiple product purchasesof purchase, usually for multiple product purchases
Cents-Off OffersCents-Off Offers
Promotions that let buyers pay less than the regularPromotions that let buyers pay less than the regular
price to encourage purchaseprice to encourage purchase
Free SamplesFree Samples
Samples of a product given out to encourage trial andSamples of a product given out to encourage trial and
purchasepurchase
DemonstrationsDemonstrations
Manufacturers use them temporarily to encourage trialManufacturers use them temporarily to encourage trial
use and purchase of a product or to show how a productuse and purchase of a product or to show how a product
worksworks
17. Selecting Trade Promotion ToolsSelecting Trade Promotion Tools
A trade sales promotion is pointed towardA trade sales promotion is pointed toward
resellers who distribute products to ultimateresellers who distribute products to ultimate
consumers. The term "trade" traditionallyconsumers. The term "trade" traditionally
refers to wholesalers and retailers who handlerefers to wholesalers and retailers who handle
or distribute marketers' products. Other termsor distribute marketers' products. Other terms
for wholesalers and retailers include "resellers"for wholesalers and retailers include "resellers"
and "dealers."and "dealers."
19. Trade AllowanceTrade Allowance
A price reduction offered by manufacturers toA price reduction offered by manufacturers to
intermediaries, such as wholesalers and retailers.intermediaries, such as wholesalers and retailers.
Push MoneyPush Money
Money offered to channel intermediaries to encourageMoney offered to channel intermediaries to encourage
them to “push” products--that is, to encourage otherthem to “push” products--that is, to encourage other
members of the channel to sell the products.members of the channel to sell the products.
Discounts:Discounts:
A straight reduction in the price on purcahse duringA straight reduction in the price on purcahse during
stated period of time.stated period of time.
20. Free goods:Free goods:
Free goods are offer to middle man who buy certainFree goods are offer to middle man who buy certain
quantity.such as pen, pencil, calendarsquantity.such as pen, pencil, calendars
Trade shows and convention:Trade shows and convention:
Organization organize annual trade and conventions.Organization organize annual trade and conventions.
Firms selling product to the particular industry buyFirms selling product to the particular industry buy
space set up booths and displays to demonstratespace set up booths and displays to demonstrate
their product at the trade show.their product at the trade show.
Editor's Notes
Notes:
Trade promotions push a product through the distribution channel. The tools that are unique to manufacturers and intermediaries are shown here.