Matakuliah Tahun : G0492 / English for Advertising : 2005/2006 Sales Promotion Changes in the Promotion Industry Consumer and Trade Promotion Promotion that Cross the Line Promotion Strategies 1 Defining: Promotion Any incentive used by a manufacturer to induce the trade (wholesalers and retailers) and/or customers to buy a brand and to encourage the sales force to aggressively sell it. 2 Reason for the Growth of Sales Promotion • • • • • Consumer behavior Pricing Market share Parity Products The Power of the Retailers 3 The Audiences • Consumer • Trade • Sales force 4 Consumer Promotion • • • • • • • • Price Deals Coupons Refunds and Rebates Sampling Special Events Contests and Sweepstakes Premium Specialties 5 How to Use Consumer Promotions • Awareness • Maintain Market Presence • Brand Reminder 6 Trade Promotions • • • • • Points-of-Purchase Displays Retailer Kits Trade Incentives and Deals Contests Trade Shows and Exhibition 7 How to Use Trade Promotion • • • • Demand Push-Pull Strategies Attention Motivation Information 8 Scanning: Figure 15.1. pg. 438 Push-and-Pull Strategies 9 Promotion that Cross the Line • • • • • • Sponsorships Event Marketing Interactive and Internet Promotion Licensing Loyalty Programs Co-marketing Promotions 10 Loyalty Programs a promotion to increase customer retention, such as airline frequent flyer programs 11 Four mandates of Loyalty Programs • Identify your best customers • Connect with those best customers. • Retain the best customers, usually by rewarding them for their patronage. • Cultivate new “best customers”. 12 Promotion Strategies • Promotion Objectives • Brand Building • Promotion Integration 13