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Friday, December 12, 2008

Tools of Sales Promotion

Sales promotion tools can be varied. They can be aimed at different target audiences: the consumer, the sales team and the trade. Whoever they are targeted to, they have one common goal: to increase sales. Since the sales function is the most important functioning of any marketing activity, sales promotions have to be taken seriously and have to be part of the strategic marketing plan of the brand. Let's take consumer-oriented sales promotions first. These can be a price-off which is the simplest, easiest and probably quickest way to get a buyer's attention. It makes a buyer pick up the product, because he thinks he's saving by doing so.
A variation on this scheme is the more-for-less or a prize-pack deal where there is additional product in the same pack. Or, there could be an offer of one pack free on every pack you buy. This, too is a great incentive as far as the consumer is concerned. Somehow, it seems to stand out in shop shelves. Yet another tool targeted to the consumer is the free sample. These can be in-store, out on the roads or can get into the home through a magazine, newspaper or mail. This is a great way to get the consumer to try the product. Who can resist getting anything free? Also through the same mode, you can get coupons to the consumer. Read More>>