Added value
at the point
of sale
A great
sales
promotion
starts with
a deep
understanding
of your
target
markets and
your
financial
objectives.
It needs to
be relevant,
simple to
understand
and add
compelling
additional
value.
While
promotional
activity can
be used to
reinforce
your brand
values the
primary
objective is
usually to
enhance
sales and
profits in
the short
run. That
means
forecasting
the
incremental
sales,
understanding
the
‘deadwood’
cost of
existing
customers
redeeming
and seeing
clear profit
from the
exercise.
(B2A) can
develop B2B
or B2C
promotions
incentives
including:
-
Gift
with
purchase
-
Free
product
with
purchase
-
Collect
points
schemes
-
Lottery
promotions
such as
scratch
cards
and
prize
draws
-
Discount
activity
-
Third
party
promotions