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PROMOTION
PROMOTION
Key ingredient
Designed to stimulate
Quicker purchase
Coupons
Contests
Premiums
Tradeshow
Free Samples
Vacation Giveaway
Loyalty Marketing Program
PROMOTION
OBJECTIVES
PROMOTION
To attract new triers
To reward loyal customers
To increase the repurchasing rate
PROMOTION
OBJECTIVES
How Should
SALES PROMOTION DECISION
Be Made
PROMOTION
In Using Sales Promotion
Company Must…..
Establish its objectives
Select the tool
Develop the program
PROMOTION
In Using Sales Promotion
Company Must…..
Pretest the program
Implement & control program
Evaluate the results
PROMOTION
ESTABLISH ITS OBJECTIVES
PROMOTION
For consumer,
Encouraging large unit purchase
Building trial among nonusers
Attracting switchers
ESTABLISH ITS OBJECTIVES
PROMOTION
For sales force
Encouraging support of a new product
Encouraging more prospecting & simulating
off-season sale
CONSUMER PROMOTION
TOOLS
Selecting
Take into account,
Type of market
Sales promotion objectives
Competitive conditions
Tool’s cost-effectivenessPROMOTION
PROMOTION
CONSUMER PROMOTION
TOOLS
Selecting
PROMOTION
Trade Promotion Tools:
Price off ( off-invoice or off-list)
Allowance
Free goods
BUSINESS & SALES FORCE
PROMOTION TOOLS
Selecting
PROMOTION
To Gather:
Leads
Impress & reward customers
Motivate the sales force
DEVELOPING THE PROGRAM
PROMOTION
1. Determine program’s size
2. Establish conditions for participants
3. Decide duration of promotion
4. Choose distribution vehicle ( coupons etc. )
5. Budgeting of program
IMPLEMENTING & EVALUATING
THE PROGRAM
PROMOTION
Sales promotion

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Sales promotion