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MARKETING MANAGEMENT
ON
PROMOTIONAL STRATEGIES & PRINT AD FOR
(COLD CREAMS)
10800464
Contents
a. SALES PROMOTIONS
c. METHODS
d. ADVERTISEMENT
e. STRATEGIES
g. CONCLUSION
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“MARKETING MANAGEMENT”
Sales Promotion
A sales promotion strategy is an activity that is designed to help boost the sales of a
product or service. This can be done through an advertising campaign, public relation
activities, a free sampling campaign, a gift campaign, a trading stamps campaign,
through demonstrations and exhibitions, through prize giving competitions, through
temporary price cuts, and through door-to-door sales, telemarketing, personal sales
letters, and emails. The importance of a sales promotion strategy cannot be
underestimated. This is because a sales promotion strategy is important to a business
boosting its sales.
While developing a sales promotion strategy for the product (COLD CREAMM) it is
important to keep the following points in mind.
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A 'push' sales promotion strategy involves 'pushing' distributors and retailers to sell
your products and services to the consumer by offering various kinds of promotions
and personal selling efforts. The basic objective of this strategy is to persuade
retailers, wholesalers and distributors to carry your brand, give it shelf space, promote
it by advertising, and ultimately 'push' it forward to the consumer. Typical push sales
promotion strategies include; buy-back guarantees, free trials, contests, discounts, and
specialty advertising items.
For Example: Ponds Cold Creams
Pond’s offer different cash discounts to the retailers for different quantities.
2% discount on 10000 Purchase
3% discount on 15000
4% discount on 25000
or
Ponds offer
A PVC jar Free on Purchase of 100 (100gm) Cold Cream.
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A 'pull' sales promotion strategy focuses more on the consumer instead of the reseller
or distributor. This strategy involves getting the consumer to 'pull' or purchase the
product/services directly from the company itself. This strategy targets its marketing
efforts directly on the consumers with the hope that it will stimulate interest and
demand for the product. This pull strategy is often used when distributors are reluctant
to carry or distribute a product.
For Example:
Ponds offer low introductory prices to the customers like in case of their new product
AGE MIRACLE,
They give some complementary gifts.
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some of the most common methods used in sales promotion strategies include:
Coupons
Price discounting
Sampling
Mail in offers and rebates
Refund and premium offers
Group promotions
Frequent user/loyalty incentives
Point-of-sale displays
Introduction to
Advertisement
Advertising is the means of informing as well as influencing the general public to buy
products or services through visual or oral messages. A product or service is
advertised to create awareness in the minds of potential buyers. Some of the
commonly used media for advertising are T.V., radio, websites, newspapers,
magazines, bill-boards, hoardings etc. As a result of economic liberalization and the
changing social trends advertising industry has shown rapid growth in the last
decade.
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Web Pages :- You probably would not have seen this means of advertising
on a list of advertising methods if you had read a list even two years ago.
Now, advertising and promotions on the World Wide Web are almost
commonplace. Businesses are developing Web pages sometimes just to appear
up-to-date.
Special events -- These tend to attract attention, and can include, e.g., an
open house, granting a special award, announcing a major program or service
or campaign, etc.
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Promotional Activities
through Media
Articles that you write -- Is there something in your product about you
having a strong impression? Consider writing an article for the local
newspaper or a magazine. In your article, use the opportunity to describe what
you're doing to address the issue through use of your product.
For example we do get good examples of product based articles in tribune, where
sometimes products also compared
Press kits -- This kit is handy when working with the media or training
employees about working with the media. The kit usually includes information
about your business, pictures, information about your products, commentary
from happy customers, etc
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Conclusion
After analyzing all the things have conclude that the promotional strategy is very
important tool of marketing in today’s market scenario. It is very helpful to improve
the image of company/product in the eyes of customers. Promotional strategy is a best
medium to send the message to the customers by advertisement. Advertisement is
important to build the image of product in the eyes of customers. There are many
media to advertise such as newspaper, magazines, radio, TV & print ad etc.Radio is
the best and cheapest way of advertisement. Without advertisement or sales
promotion we can not reach the customers and send them to message. These strategies
are also important to increase the sale of products of any company.
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REFERENCES
http//www.pomds.com and
http//www.laberdom.com.
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