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GAFEERS’S REACH
DRIVERS OF SP. IN MARKETPLACE  Consumer Behavior: 	Consumer better educated, low  brand loyalty & Selective ,[object Object],      Festivals, major events in sports still draw a huge crowd. Indians are still price conscious
Cont… Market Share:           Brand switching, the name of the game. Parity Products: 		Differentiation strategy in a world of ‘me too’ product. Power Retailer : 		The place where it all happens. Consumers directly in touch with them.
TYPES OF PROMOTION CONSUMER PROMOTION TRADE PROMOTION
CONSUMER PROMOTION Price Deals: E.g. “More for Less”, 50% Off, Buy One Get One Free offer. Coupons: E.g. VLCC coupons for discount Contests: E.g. Answer a simple question and win a Color TV Sweepstakes: E.g. Name is selected for query Form for lucky draw Premiums: E.g. Buy Pepsodent & collect G.I Joes;  Sampling: E.g. Consumer sample new product for free
TRADE PROMOTION Point of Purchase(POP): E.g. Banners, Danglers & Posters at the retails outlet. Dealer/Retailer Kit: All the information about the product that the retailer should know. Contests & sweepstakes: Specials offers to the retailer so that he pushes that brand Trade shows & Exhibits: E.g. Auto Expo at Chennai trade center  Trade Incentive: The more ‘cut’ is given to the retailer, the more he pushes your product.
PROMOTION STRATEGIES 3 Broad objectives: ,[object Object]
Improve marketing performance of resellers
To supplement and coordinate advertising, personal selling & public relations activities.,[object Object]
DIFFERENCE BETWEEN           ADVERTISING  Creates an image over      time Relies on Emotional                   appeals        Adds Intangible value to the product/Service Contributes Moderately to short term profitability          SALES PROMOTION Creates immediate        action Relies on Rational appeal Adds Tangible value to the product/service Contributes Greatly to short term profitability
PUSH OR PULL STRATEGY
PROMOTION EFFORTSPUSH STRATEGY MANUFACTURER RESELLER CONSUMER
Title

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GAFEERS’S REACH: DRIVING SP THROUGH PROMOTION STRATEGIES

  • 2.
  • 3. Cont… Market Share: Brand switching, the name of the game. Parity Products: Differentiation strategy in a world of ‘me too’ product. Power Retailer : The place where it all happens. Consumers directly in touch with them.
  • 4. TYPES OF PROMOTION CONSUMER PROMOTION TRADE PROMOTION
  • 5. CONSUMER PROMOTION Price Deals: E.g. “More for Less”, 50% Off, Buy One Get One Free offer. Coupons: E.g. VLCC coupons for discount Contests: E.g. Answer a simple question and win a Color TV Sweepstakes: E.g. Name is selected for query Form for lucky draw Premiums: E.g. Buy Pepsodent & collect G.I Joes; Sampling: E.g. Consumer sample new product for free
  • 6. TRADE PROMOTION Point of Purchase(POP): E.g. Banners, Danglers & Posters at the retails outlet. Dealer/Retailer Kit: All the information about the product that the retailer should know. Contests & sweepstakes: Specials offers to the retailer so that he pushes that brand Trade shows & Exhibits: E.g. Auto Expo at Chennai trade center Trade Incentive: The more ‘cut’ is given to the retailer, the more he pushes your product.
  • 7.
  • 9.
  • 10. DIFFERENCE BETWEEN ADVERTISING Creates an image over time Relies on Emotional appeals Adds Intangible value to the product/Service Contributes Moderately to short term profitability SALES PROMOTION Creates immediate action Relies on Rational appeal Adds Tangible value to the product/service Contributes Greatly to short term profitability
  • 11. PUSH OR PULL STRATEGY
  • 12. PROMOTION EFFORTSPUSH STRATEGY MANUFACTURER RESELLER CONSUMER
  • 13. Title
  • 14. Title