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PERSONAL SELLING ADVERTISING PUBLICITY SALES PROMOTION Promotion Mix
Sales Promotion Importance  ,[object Object],[object Object],[object Object]
Sales Promotion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Definition: any activity or material used as a direct inducement to purchase
[object Object],[object Object]
[object Object],[object Object]
Sales Promotion Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Reasons for Rapid Growth of Sales Promotion ,[object Object],[object Object],[object Object],[object Object],[object Object]
Major Consumer Sales Promotion Tools Sample &Demonstration Coupons Cash Refunds Price Packs Premiums Advertising  Specialties Trial amount of a product Savings when purchasing specified products Refund of part of the purchase price Reduced prices marked on the label or package Goods offered free or low cost as an incentive to buy a product Articles imprinted with an advertiser’s name given as gifts
Major Consumer Sales Promotion Tools Patronage Rewards Point-of-Purchase Contests Sweepstakes Game Cash or other rewards for the use of a certain product Displays and demonstrations that take place at the point of sale Consumers submit an entry to be judged Consumers submit their names for a drawing Presents consumers with something every time they buy
Sales Promotion  Methods for Consumers Multiple purchase offers, Frequent-user incentives Product placements/tie-ins
Classifying Types of Sales Promotion Promotional pricing Non-price promotions Sampling ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Rebates: A Consumer Information Source ,[object Object],[object Object],[object Object]
Rebates are often effective at changing purchase probabilities, even for big-ticket items
Coupons, too, can be effective at getting consumers to purchase specific products
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sales Promotion  Methods for the Trade
Major Salesforce sales promotion tools ,[object Object],[object Object],[object Object],[object Object]
Sales Promotion,  Pro and Con ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Benefit Congruency Framework of Sales Promotion Effectiveness Are monetary savings the only explanation for consumer response to sales promotions? If not, how do the different consumer benefits of sales promotion influence its effectiveness? Savings  Quality Convenience  Value expression Exploration  Entertainment  Six Benefits
Role of The Promotion Mix ,[object Object],[object Object],[object Object]
Developing the Sales Promotion Program Decide on the Size of the Incentive Set Conditions for Participation Evaluate the Program Determine How to Promote and Distribute the Promotion Program  Determine the Length of the Program
Measuring Sales Promotion Effectiveness ,[object Object],[object Object]
Ethics in Sales Promotion ,[object Object],[object Object]

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Sp

  • 1. PERSONAL SELLING ADVERTISING PUBLICITY SALES PROMOTION Promotion Mix
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Major Consumer Sales Promotion Tools Sample &Demonstration Coupons Cash Refunds Price Packs Premiums Advertising Specialties Trial amount of a product Savings when purchasing specified products Refund of part of the purchase price Reduced prices marked on the label or package Goods offered free or low cost as an incentive to buy a product Articles imprinted with an advertiser’s name given as gifts
  • 9. Major Consumer Sales Promotion Tools Patronage Rewards Point-of-Purchase Contests Sweepstakes Game Cash or other rewards for the use of a certain product Displays and demonstrations that take place at the point of sale Consumers submit an entry to be judged Consumers submit their names for a drawing Presents consumers with something every time they buy
  • 10. Sales Promotion Methods for Consumers Multiple purchase offers, Frequent-user incentives Product placements/tie-ins
  • 11.
  • 12.
  • 13. Rebates are often effective at changing purchase probabilities, even for big-ticket items
  • 14. Coupons, too, can be effective at getting consumers to purchase specific products
  • 15.
  • 16.
  • 17.
  • 18. A Benefit Congruency Framework of Sales Promotion Effectiveness Are monetary savings the only explanation for consumer response to sales promotions? If not, how do the different consumer benefits of sales promotion influence its effectiveness? Savings Quality Convenience Value expression Exploration Entertainment Six Benefits
  • 19.
  • 20. Developing the Sales Promotion Program Decide on the Size of the Incentive Set Conditions for Participation Evaluate the Program Determine How to Promote and Distribute the Promotion Program Determine the Length of the Program
  • 21.
  • 22.