8 Promotion Strategies
8 Promotion Strategies
PROMOTION STRATEGIES
● Companies find creative ways to reach their markets. Whether
customers are at home or outside, or online or offline, companies have
means of making them stop, look, and listen so they can get their
message across.
The source (or sender) encodes, or translates, a message so that it’s appropriate for the message
channel—say, for a print advertisement, TV commercial, or store display—and shows the benefits
and value of the offering. The receiver (customer or consumer) then decodes, or interprets, the
message. For effective communication to occur, the receiver must interpret the message as the
sender intended.
ROLE OF PROMOTION
Promotion helps you draw
your target’s attention, create
interest in your products and
services, generate demands,
and encourage them to
purchase from you.
ROLE OF PROMOTION
1. Build awareness – Making your target audience aware of your products and services. You
must identify your target audience, your promotional marketing messages, and your
outreach strategies.
2. Foster interests – Gaining their interests in your business. It requires a well-designed
content marketing strategy to provide enough information for lead nurturing, and show
uniqueness for differentiation from competitors.
3. Generate demand – Making your products and services desirable. You can share great
features and benefits, and create an emotional connection with your prospect.
4. Induce prospects to take action – Placing a call-to-action for your target to easily engage
and find the next steps. Anywhere you can position to drive conversions, such as your
website, digital advertising, and social media.
PROMOTION MIX
Promotion Mix or Marketing Communication Mix.
Is composed of marketing elements such as advertising, public
relations, sales promotions, direct marketing, and personal selling.
Overview of Promotion Mix:
Advertising Paid form of non-personal communication in audio or visual form that promotes products -
goods, services, ideas, or places to a specific audience
Public Relations Good relations with the company’s various internal and external publics by creating
favorable publicity, building up a good corporate image and addressing unfavorable issues
and events
Direct Direct communication with individual consumers via different channesl to generate an action
Marketing response and to build lasting relationships
Personal Personal interaction between sales and personnel and the customers for the purpose of making
Selling a sale and building customer relationships
B2B Offers materials and services that other businesses need to work and get benefits. It focuses on
how people will benefit from using your offers.
TODAY’S MARKETING
● Marketing efforts are continuously evolving and changing.
Consumers are more informed and discerning than ever -
they consume information at a fast pace due to their access
to the internet.
● Digital Age has paved the way for easier and faster
communication between the brand and customers.
○ Less Broadcasting
■ Information to a large group
○ More of Narrowcasting
■ Information to a select or small group
BENEFITS OF A PROMOTION STRATEGY
● Target the right audience.
● Gain brand awareness.
● Attract prospects and customers.
● Publish your promotion at the best time.
● Increase qualified customer traffic.
● Show differentiation from competitors.
● Offer more value to your customers.
● Engage with your target audience.
● Drive customer decision-making.
● Find potential partnerships.
● Create customer relationships.
● Build your reputation.
● Improve word-of-mouth opportunities.
● Stay ahead of the competition on market share.
● Grow sales and profits.
ADVERTISING OBJECTIVES
ADVERTISING OBJECTIVES
Informative advertising
is especially relevant in the pioneering stage of a new product category. The objective is to build primary
demand.
To support this objective, informative advertising provides information about the features of a new product or
service in order to initiate the decision-making process of consumers. For instance, the yogurt industry
initially had to inform consumers of the nutritional benefits of yogurt.
Persuasive Advertising
Persuasive advertising becomes relevant in the competitive stage. The company’s objective is to build selective demand for a
particular brand. It has to persuade consumers of the fact that its products or services offer more value than competing
products or services. For instance, BMW attempts to persuade consumers that its cars deliver more driving pleasure than
Mercedes-Benz cars.
Some persuasive advertising uses comparative advertising, which makes explicit comparisons of the attributes of two or more
brands. For instance, Burger King used comparative advertising for its attack on McDonald’s: Burger King directly compared
its flame-broiled burgers to the fried ones of McDonald’s to gain advantage. In some countries, comparative advertising is not
permitted. In addition, a company should always make sure that it can prove its claim of superiority and cannot be
counterattacked in a vulnerable area, which may result in an “advertising war”.
ADVERTISING OBJECTIVES
ADVERTISING OBJECTIVES
Reminder Advertising
Finally, reminder advertising becomes relevant in the case of mature products. At this stage, consumers
are aware of and informed about the features of a product. Also, they are persuaded of its benefits.
However, these benefits must be repeated to remind consumers to buy the product. For instance,
Coca-Cola ads in magazines are intended to remind people to purchase Coca Cola.
A related form of Reminder Advertising is Reinforcement Advertising, which aims to assure current
purchases that they have made the right choice. For instance, automobile ads often depict satisfied
FREQUENCY
IMPACT
TRADE PROMOTION
● Geared toward the sales force, it aims to motivate the sales people to
increase the order of their accounts.
DIRECT MARKETING
● is a marketing technique that enables marketers to reach their target audience without
relying on intermediaries like retailers, wholesalers, or newspapers.
● uses one-to-one communication to reach potential customers. It delivers marketing messages
in a personal and relevant way, often through emails, phone calls, or text messages. Direct
marketing aims to get the customer to buy, inquire about, or subscribe to a product or service.
● is an effective tool for businesses to reach their target audience promptly and maintain brand
awareness. It also allows companies to gather feedback from the market about the
effectiveness of their products and services
SCENARIOS
Examples: